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| The End of the Road for Charles Rangel? | | Print | |
| Written by Catherine Mullins | ||||||||||||
| Thursday, 10 September 2009 01:58 | ||||||||||||
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It turns out Rangel had a credit union account worth at least $250,000 and maybe as much as $500,000 -- and didn't report it. He had investment accounts worth about the same, which he also didn't report. Ditto for three pieces of property in New Jersey. Beyond even that, we've learned that Rangel has failed to report assets totaling more than $1 million on legally required financial disclosure forms going back to at least 2001. On top of those allegations are ones that"he falsely listed a Washington D.C. residence as his primary address when he was living in rent-stabilized apartment in New York City; used Congressional letterhead for fundraising purposes; and helped a wealthy donor to a school bearing Rangel’s name establish a lucrative tax shelter in Bermuda," according to Fox News. Still, “Rangel’s clock is ticking,” as the Washington Examiner puts it.
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Stophel
said:
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- Ooh, he MIGHT lose his chairmanship...but not his seat...and he won't be fined, nor imprisoned (like ANYONE else would be)? |
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... Why have they not arrested this crook. If anyone of us had defraud the IRS we would be facing a long prison term. This creep not only lied about his taxes he has been using his position for personal gain at the expense of the people who put him in office. So much for public trust. |
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law abiding citizen When in the hell will Rangel be indicted and sent to jail like any other tax cheat and income tax evader???????????????? |
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