Thursday, February 09, 2012

 
 
 

 
 
 
 
 
Government outrage: Tax cheat in charge of tax laws
Advertisement
Monday, September 21, 2009
Text Size: increase text size decrease text size

From Newsmax:

Rep. Charlie Rangel, the latest congressional titan with ethics problems, is described by a longtime House colleague as the guy who would make sure everyone put on oxygen masks during a flight emergency, but would have to be told to put on his own.

If Rep. Gary Ackerman's characterization fits the chairman of the House Ways and Means Committee, then Rangel's inattention to his ethical conduct has reached epic proportions.

The person most in charge of writing the nation's tax laws neglected to pay taxes on rental income from his vacation villa in the Dominican Republic. He failed to report assets worth hundreds of thousands of dollars on his annual disclosure forms, including a hard-to-miss credit union account...

Read full article...

More fraud and stupidity from Washington:

The most important book you'll read this year

Why Americans are easily tricked by Washington's energy scam

NY Congressman Charles Rangel fails to report $500,000 in assets

Topics: Fraud | Government Stupidity | Boondoggle
Facebook RSS Feed

 
©2012 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202.