House Chairman Failed to Report $75,000 in Income
"Do You Mean That I Have To Pay Taxes On All Of My Income ??":D
"Old Charlie Rangel May Be slow But He's Slippery too And a Member of a Privileged Class !"
Representative Charles B. Rangel said through his lawyer that he did not know that he had to report the rent he received on the villa as income.
Representative Charles B. Rangel has earned more than $75,000 in rental income from a villa he has owned in the Dominican Republic since 1988, but never reported it on his federal or state tax returns, according to a lawyer for the congressman and documents from the resort.Mr. Rangel, chairman of the House Ways and Means Committee, which writes the federal tax code,