New financial disclosure reports filed by Rep. Charlie Rangel (D-N.Y.) show that the veteran lawmaker failed to report more than $660,000 in assets during 2007, a potential violation of House ethics rules.
Rangel, chairman of the powerful House Ways and Means Committee, also had previously stated that he sold a Florida condominium in 2007, but an amended report covering that year – filed in mid-August – now makes no mention of that transaction. It appears that Rangel no longer owns the condo as it is not listed on his 2008 financial report, filed last month.
The latest revelations on Rangel’s personal finances may prove problematic for the New York Democrat, who is already the target of a wide-ranging ethics investigation. .
Read more: http://www.politico.com/news/stories/0809/26438.html
Answer by sweet-a-kins at 10:45 PM on Aug. 25, 2009
Answer by grlygrlz2 at 10:56 PM on Aug. 25, 2009
Answer by yourspecialkid at 11:00 PM on Aug. 25, 2009
Answer by sweet-a-kins at 11:05 PM on Aug. 25, 2009
Wow, it must be nice to be able to forget about selling a $600,000 condo. Although, I suppose if he sold in 2007 and got extensions on his 2008 taxes . . . ah never mind. He still would have had to claim it by paying an estimated amount of taxes.
Sounds like he has some of those same tax issues as many of the others have seen recently. I have a hard time believing that doing your taxes is so difficult that you leave out more than half a million dollars.
Answer by QuinnMae at 11:09 PM on Aug. 25, 2009
Answer by gdiamante at 11:46 PM on Aug. 25, 2009
Answer by oicmommy at 12:02 AM on Aug. 26, 2009
Answer by Sisteract at 12:16 AM on Aug. 26, 2009
Answer by agentwanda at 3:09 AM on Aug. 26, 2009
Answer by mzhazelrae313 at 7:59 AM on Aug. 26, 2009
Next question overall
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