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View Full Version : U.S. Issues Rangel says he won't quit House panel over tax dispute


Donger
09-10-2008, 10:52 AM
http://www.cnn.com/2008/POLITICS/09/10/rangel.congress/index.html

WASHINGTON (CNN) -- Rep. Charles Rangel, a New York Democrat, said Wednesday he will not step down as chairman of the powerful House Ways and Means Committee in the face of a call from the Republican leader in the House for him to do so.

Rep. Charles Rangel says he will pay back taxes on rental property he owns in the Dominican Republic.

Rangel has been under fire for failing to report income from a rental property he owns in the Dominican Republic.

He admitted Tuesday he had not paid tax on the income, but said it was a mistake and he will pay whatever back taxes he owes. He said the income had gone directly toward paying down the mortgage on the property and he had rarely if ever received income statements related to it.

"I really didn't pay any attention to it. I wasn't getting any money from it," he said, calling his failure to pay taxes "an omission that's irresponsible, and that's it."

"I don't believe that making mistakes means you have to give up your career," he said.

He also admitted that he had not been charged interest on the mortgage for the past 18 years, but said he had "no clue" that the mortgage lender had made that decision. He denied having been singled out for preferential treatment.

Rangel's Ways and Means Committee writes tax law, among other responsibilities.

Republicans have been hammering Rangel over the financing of the beachfront property

"Given Chairman Rangel's continuing ethical lapses, he cannot effectively carry out his duties as chairman of the Ways and Means Committee," GOP leaders said in a letter to House Speaker Nancy Pelosi, D-California.

Rangel said he felt "embarrassed" for House Republican leader John Boehner of Ohio for feeling he had to call for Rangel to step down.

"It is my understanding that he feels politically he has to do this, and I feel sorry for him," Rangel said.

He has also defended himself against allegations that he improperly leased a rent-controlled apartment to use as an office, and that he misused House stationery to solicit money for a New York academic center bearing his name.

banyon
09-10-2008, 03:54 PM
When Cindy McCain doesn't pay her taxes isn't it just an understandable oversight, or she's just too busy or rich to be bothered?

Donger
09-10-2008, 03:58 PM
When Cindy McCain doesn't pay her taxes isn't it just an understandable oversight, or she's just too busy or rich to be bothered?

Wasn't there a wrong address or something with regard to Cindy's tax issue?

Anyway, come on, he's the head of Ways and Means.

"He also admitted that he had not been charged interest on the mortgage for the past 18 years, but said he had "no clue" that the mortgage lender had made that decision. He denied having been singled out for preferential treatment."

Right Charlie. Interest-free mortgages are common.

FAX
09-10-2008, 03:59 PM
He also admitted that he had not been charged interest on the mortgage for the past 18 years, but said he had "no clue" that the mortgage lender had made that decision. He denied having been singled out for preferential treatment.

What? Who's the lender? I need me some of that.

FAX THE HAPPY AND JOYFUL AND REALLY GLAD

banyon
09-10-2008, 04:11 PM
Wasn't there a wrong address or something with regard to Cindy's tax issue?

Anyway, come on, he's the head of Ways and Means.

"He also admitted that he had not been charged interest on the mortgage for the past 18 years, but said he had "no clue" that the mortgage lender had made that decision. He denied having been singled out for preferential treatment."

Right Charlie. Interest-free mortgages are common.

Uh, yeah. try that trick with the IRS and see how it goes. "sorry I forgot to pay my taxes but I also forgot to change my address with you guys and forgot the fact that taxes are due every year". I mean she did know whe had to pay property tax, right?

Donger
09-10-2008, 04:12 PM
Uh, yeah. try that trick with the IRS and see how it goes. "sorry I forgot to pay my taxes but I also forgot to change my address with you guys and forgot the fact that taxes are due every year". I mean she did know whe had to pay property tax, right?

Seems she fixed the glitch and all's well, right? For me, the interest-free mortgage is more interesting.

banyon
09-10-2008, 04:13 PM
Seems she fixed the glitch and all's well, right? For me, the interest-free mortgage is more interesting.

So, all Rangel has to do is "fix the glitch" and he can keep his gig as chairman, then?

Donger
09-10-2008, 04:14 PM
So, all Rangel has to do is "fix the glitch" and he can keep his gig as chairman, then?

No, I would hold him to a higher standard.

banyon
09-10-2008, 04:16 PM
No, I would hold him to a higher standard.

Yeah, I see how it works.

Donger
09-10-2008, 04:17 PM
Yeah, I see how it works.

You don't think that the chairman of Ways & Means shouldn be held to a higher standard?

banyon
09-10-2008, 04:24 PM
You don't think that the chairman of Ways & Means shouldn be held to a higher standard?

A tax cheat is a tax cheat. Absent a very good reason (e.g., coma, kidnapping), they should all be treated as such.

Donger
09-10-2008, 04:27 PM
A tax cheat is a tax cheat. Absent a very good reason (e.g., coma, kidnapping), they should all be treated as such.

I agree. However, considering what his job is, I would think that everyone would agree that he should no longer be in that position.

J Diddy
09-10-2008, 04:31 PM
You don't think that the chairman of Ways & Means shouldn be held to a higher standard?

maybe he forgot how many houses he owns