My thanks to the New York Post for breaking this story (and their selection of the photo) to accompany it.
Tuesday, September 9, 2008
Congressman Rangel gets poetic justice
Congressman Rangel spends most of his time acting out his belief that the middle class is undertaxed. It strikes me as poetic justice that he should be the target of a federal investigation for not reporting 75,000 of income earned from a luxury condo in the Dominican Republic.
But then again, maybe I'm too harsh. After all, I guess most of us middle class folks, have several of these foreign properties that rent for $1100+ per night. And it's pretty easy to accidentally forget 75,000 of cash when you have the typical middle class disposable cash that Charlie thinks we do.
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As a follow up comment(s) on today's Washington Post:
"House Republicans yesterday pushed Speaker Nancy Pelosi (D-Calif.) to dump Rangel as head of the Ways & Means Committee, which writes the nation's tax laws."
There is a double benefit here. Charlie being ousted as chairman is good, but the IRS is more likely to act on someone who no longer controls the committee that writes tax lax.
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