Rangel Hypocrisy: Punish Tax Slip-Ups

Even as he fends off accusations about his own failure to pay taxes and fully disclose his financial dealings, Rep. Charles Rangel had quietly slipped into the health-care bill broad new provisions cracking down on taxpayers in proceedings with the IRS, The Post has learned.

The changes approved by the House Ways and Means Committee that Rangel chairs would strip away legal defenses and pile higher penalties on corporate and individual taxpayers facing IRS proceedings for what they claim are unintentional mistakes, experts said. Rangel’s bill would:

* Punish those who fail to alert the IRS to potentially questionable tax exemptions.

* Bar the IRS from waiving penalties against taxpayers who clearly erred in good faith.

* Double fines in certain circumstances.

Read more: (Charles Hurt, “Hypocrite Charlie: Punish Tax Slip-Ups,” New York Post, 9/02/09)