The IUSB Vision Weblog

The way to crush the middle class is to grind them between the millstones of taxation and inflation. – Vladimir Lenin

Both the head of the committee in Congress that makes tax law and the Treasury Secretary who enforces it are tax cheats. In response Republicans ask for change in IRS rules.

Posted by iusbvision on January 30, 2009

Charlie Rangel, the head of the House Ways and Means Committee which writes tax law and Timothy Geithner, Obama’s new Treasury SSecretary are not only both tax cheats, but finally called on it they did not pay the late payment penalties that the IRS demands. Of course the IRS won’t enforce the rules against their bosses, but if you or I did what these two did we would be facing fines and jail time.

Now a Republican Congressman has offered into legislation what he calls the “Rangel Rule” which will stop all late payment penalties for regular folks like you and me.

Americans may be able to rest a little easier this April if Congressman John Carter, R-Texas gets his way.

Rep. Carter introduced a bill Wednesday to eliminate all IRS penalties and interest for paying taxes past due.

The legislation calls for the creation of what he calls the, “Rangel Rule,” — drawing attention to the recent legal issues of House Ways and Means Committee Chairman Charlie Rangel, D-N.Y., enabling citizens who fail to pay taxes on time to do so later with no additional fees.

Rangel, who writes the country’s tax policies, acknowledged last fall that he failed to pay thousands in real estate taxes for rental income he earned from a property in the Dominican Republic.

As of September 2008 the Harlem Democrat reportedly paid back more than $10,000 in taxes but that did not include any IRS penalties.

“Your citizens back home should have the same rights and benefits that come to you as a member of congress. You shouldn’t be treated any differently under the law than your citizens back home,” Carter said.

He added that citizens should receive the “same courtesy” that the IRS is allegedly granting Rangel and Treasury Secretary Tim Geithner, who also recently acknowledged a failure to pay taxes.

Carter penned a letter to Rangel earlier this month requesting that he either pay the IRS fees or join him in co-sponsoring the legislation establishing the rule.

“As Chairman of the House Ways and Means Committee, I believe you set an example for all American taxpayers in your dealings with the IRS, and that you must do so in a way that enforces blind justice without regard to wealth or status,” he wrote in the January 6th missive.

http://www.foxnews.com/politics/2009/01/28/gop-congressman-intros-rangel-rule-eliminating-irs-late-fees/

One Response to “Both the head of the committee in Congress that makes tax law and the Treasury Secretary who enforces it are tax cheats. In response Republicans ask for change in IRS rules.”

  1. jjblogging said

    It is always fascinating to see the various requests to Congress and the things they do. This Congressional session will perhaps be more interesting because of everything included in the stimulus bill and everything else that Congress will have to deal with. I’m curious to see how this particular Congress will handle all of the competing priorities. I wasn’t expecting tax penalties and IRS rules to be among the first things they dealt with.

    The Democrats are touting their first 100 days as the time when they are going to get a tremendous amount accomplished. I hope they do accomplish something significant in the first 100 days. It seemed like the last Congress didn’t accomplish much in all of 2008. I saw that the Friends of the U.S. Chamber of Commerce is asking people to give their opinion on the most important thing for Congress to do in their first 100 days. Then they’re going to work to get Congress to accomplish what the public actually wants them to do. Whether or not you think that tax penalties should be one of their top priorities, make sure to add your opinion so Congress can know what our priorities are – http://www.friendsoftheuschamber.com/email/email4.cfm?id=200

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