Limestone Roof
Limestone Roof

Monday, September 08, 2008

Casita 412 

There's trouble brewing for House Ways and Means Committee Chairman Charles Rangel (D-NY).
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.
The meaty details are here and here. I like how he was was, "urged to buy the property by Theodore Kheel, a New York labor lawyer who was one of the principal investors in a plan to turn the southeast Dominican coast from a mostly deserted jungle into a tourist destination." Rangel is a true man of the people AND a conservationist to boot.

Related
Poor Charlie
Trillion-Dollar Baby
CNN Calls Rangel’s $3.5 Trillion Tax Hike a ‘Reform’

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