Lemme See If I Have This Right…

Sunday, September 7th, 2008

…the chair of the House Committee that writes our tax laws didn’t know that he’d been given an interest-free loan for a luxury Caribbean Villa, didn’t know that he was getting taxable income off of rentals from said villa, and didn’t know that he had a duty to report and disclose and report the $75,000 in income from said rentals that apparently slipped his notice?

Riiii-iiiight. This would be the same guy who didn’t know how he somehow was able to accumulate four rent-controlled apartments in New York City, and didn’t know about laws against using rent-controlled apartments for purposes other than a primary residence.

Rangel’s either a corrupt liar, or he’s shockingly ignorant of laws a man with his position and responsibilities ought to know about. Either way, he should be stripped of his chairmanship.

I’m not holding my breath.

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11 Responses to “Lemme See If I Have This Right…”

  1. #1 |  David | 

    Sadly, the people who should be stripping him of his chairmanship are also corrupt liars.

  2. #2 |  Dave Krueger | 

    “Either way, he should be stripped of his chairmanship.

    Yeah, but only because breaking on the rack and burning at the stake are no longer permitted.

  3. #3 |  John | 

    Is there a link?

  4. #4 |  Cynical In CA | 

    “Rangel’s either a corrupt liar, or he’s shockingly ignorant of laws a man with his position and responsibilities ought to know about.”

    False dilemma.

    Both are correct.

  5. #5 |  Matt | 

    I think a good step to stop corruption, or at least reduce it, is not allow them income beyond what they were making when they got elected to office. All they money they get from lobbyists, new business deals, etc, should be forfeited to the government coffers to help offset our tax burden. If they want to make more, they have to leave office.

    I’m sure this wouldn’t stop them from doing what they already do, hide the money, launder it, lie about, set themselves up for huge paychecks when they leave office, but it will reduce the incentive to get into politics professionally and indefinitely.

    It’s not a perfect solution, but it would be one ethics violation we could use to hold them accountable.

  6. #6 |  Gregory | 

    I don’t mean to defend Rangel here, but why should he owe the US government taxes on income earned outside of the US?

  7. #7 |  Ryanm | 

    Ignorance of the law – the watertight legal defence of champions*

    *NB: only effective for the rich and powerful

  8. #8 |  David Nieporent | 

    I don’t mean to defend Rangel here, but why should he owe the US government taxes on income earned outside of the US?

    Because that’s what the laws that he helps write say.

  9. #9 |  Jaybird | 

    Conspiracy Theory Time!

    Wasn’t Rangel a… HILLARY SUPPORTER?!?!?!?

    We’re going to see more “bipartisan” investigations in the coming months. And the democrats will all have been supporters of Clinton in the primaries.

  10. #10 |  Honeyko | 

    Rangel is also an old-line commie hack who’s kissed Fidel Castro’s ass at every opportunity, and was one of the signatories of the infamous “Dear Commandante” letter to Danial Ortega.

    He’s scum through and through.

  11. #11 |  t. reed | 

    Did Rangel keep his villa earnings in his fridge???

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