Wednesday, September 16, 2009

The Rangel Rule..Treat us like members of Congress!

Congressmen Carter from Texas has recently introduce Bill HR735. HR735, otherwise known as the Rangel Rule, will allow us ordinary citizens, who are not members of Congress and do not hold cabinet positions, the same special treatment our elected officials are subject to when they cheat the tax system. If we fail to pay our true tax liability we could enact “The Rangel Rule” and simply write it out on our tax return in order to communicate to the IRS we acknowledge that we lied on our returns in an attempt to hide our income. The IRS in turn, will be forced to treat us as special as they treat Chairman of the House Ways and Means Committee Charlie Rangel. They will eliminate any back tax penalties and refuse to accept interest on those back taxes :) This is wonderful news and we should contact our officials to let them know we want them to pass this bill. We should also send a special thanks to Representative & Chairman of Ways and Means Committee Charlie Rangel because the committee he chairs actually writes the tax code…so obviously no conflict of interest there right? Thanks Charlie!


On a more serious note...the very idea that our elected officials get special treatment when they break the law is a serious indicator of the challenges this country faces. We all have to pay taxes and as a citizen of this country I would expect the officials we elect should be held to even higher standards than the ordinary citizen as WE elect them and send them to Washington to represent us.

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