Rangel Incorrectly Got D.C. Tax Break
D.C. officials say that Rep. Charles B. Rangel (D-N.Y.), who recently has been buffeted by questions about his personal taxes and real estate dealings, was incorrectly given a tax break on a house he owned in the District.
Rangel received the “homestead exemption,” a property tax break for people who live in a permanent, primary home in the city, that reduced the taxes he paid on a house on Colorado Avenue NW in the Crestwood neighborhood.
Rangel and his wife, Alma, bought the four-bedroom house when he first entered Congress in 1971 and sold it in 2000 for $500,000.
Read more: (Lyndsey Layton, “N.Y. Congressman Rangel Incorrectly Got D.C. Tax Break,” The Washington Post, 11/25/08)