Sunday, August 31, 2008

Charles Rangel's CARIB 'HIDEAWAY': SHADY FILINGS ON BEACH-VILLA RENTAL INCOME

The New York Post reports:
For 20 years, Harlem Rep. Charles Rangel has owned a beachfront villa in a sun-drenched Dominican Republic resort, yet has only sporadically declared income on the property in federal filings.

While the villa was rented to paying guests for the past two years, for instance, Rangel reported no income from it in 2006 and 2007, The Post has learned. As a congressman, failure to fully list all income and investments can result in civil penalties or criminal charges.
You'll want to read this one.Charlie "Rent Control" Rangel likes to save money off the taxpayers so he can own real estate somewhere other than NYC.Imagine that.