Posted by taxguru on September 10, 2008
Rangel Has A Bad Chair Day – Congressman Charlie is now amending his prior tax returns and trying to convince IRS that he just accidentally failed to report over $75,000 of rental income and didn’t do so intentionally, which could subject him to criminal sanctions.
Of course, we all know that his position as head of the tax law writing Ways & Means Committee means he will be treated by IRS exactly as any other taxpayer would be.
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Posted by taxguru on September 5, 2008
RANGEL ADMITS TO VILLA INCOME – Interesting story about how the top DemonRat in charge of the Federal Tax Code has accidentally failed to report over $75,000 of rental income on his tax returns and Congressional disclosure forms.
When can we expect the IRS to indict him for tax fraud? Let’s not hold our breath waiting for that to happen.
I guess this is another example of the old “it takes a thief to know one” in relation to his constant rantings about the infamous “Tax Gap” and how everybody is a tax cheater so that we need to have tougher tax enforcement. He does know how easy it is to pocket tax free rental income.
Posted in Crooks, Rangel, scams | Comments Off on The fox guarding the henhouse?
Tax Guru - Ker$tetter Letter 