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Author Topic: Charlie Rangel admits to villa income  (Read 1210 times)

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Offline DixieBelle

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Charlie Rangel admits to villa income
« on: September 07, 2008, 04:27:53 PM »
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Harlem Rep. Charles Rangel admitted that he earned more than $75,000 of undeclared income from a Dominican Republic villa, after The Post exposed his wrongdoing in an exclusive report Sunday.

Rangel has owned the villa at the Punta Cana Yacht Club for 20 years, yet only sporadically declared income to Congress, and never reported it on his federal or state tax returns, his lawyer said.

A Post investigation into Punta Cana found that the sun-drenched beach front "casita" 412 was regularly rented out for up to $1,100 a day, yet Rangel had said he received no income in 2006, 2007 and other years. In other years, he had declared rental income of up to $15,000. He now admits that over 20 years he made at least $75,000 in rental income that he didn't report.

The chairman of the powerful Ways and Means Committee at first denied that he earned any money to a Post reporter, then said the whole thing was "a private matter." But now Rangel's lawyer says disclosure forms will be refiled for a number of years. Filing a false disclosure form can result in civil penalties and a possible five-year prison sentence.

SNIP

http://www.nypost.com/seven/09052008/news/regionalnews/rangel_admits_to_villa_income_127682.htm

Great picture at link  :-)
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Offline Chris_

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Re: Charlie Rangel admits to villa income
« Reply #1 on: September 07, 2008, 04:31:47 PM »
So now what?

He has a (D) so no way will he be prosecuted, much less sanctioned (forget censure).

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Offline RightCoast

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Re: Charlie Rangel admits to villa income
« Reply #2 on: September 07, 2008, 06:00:52 PM »
Just looking at it very briefly I think charlie "forgot" to add a zero to that $75,000.

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Offline BEG

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Re: Charlie Rangel admits to villa income
« Reply #3 on: September 07, 2008, 06:01:15 PM »
That picture is priceless.  :-)
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Offline Chris

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Re: Charlie Rangel admits to villa income
« Reply #4 on: September 07, 2008, 06:14:06 PM »
Quote from: BEG on September 07, 2008, 06:01:15 PM
That picture is priceless.  :-)

It's hard work being a slumlord. 
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