Rangel’s Records Show Failure to Pay Taxes on Undeveloped Properties
September 2, 2009
The Tax Man is a deadbeat.
Rep. Charles Rangel, chairman of the tax-writing Ways and Means Committee, has failed to pay taxes on two plots of land he has in New Jersey, records show.
Rangel’s ownership of the small, undeveloped properties came to light on Tuesday only after he drastically amended at least six years of financial-disclosure forms he had filed annually with the House clerk as required by law.
The corrected filings as much as doubled the amount of personal wealth Rangel has claimed going back years and revealed at least $780,000 in previously unreported assets.
Read more: (Charles Hurt and Perry Chiarmonte, “Tax Chief Charlie a Tax ‘Cheat’ Too,” New York Post, 9/02/09)