Charlie Rangel is head of the Powerful House Ways and Means Committee, way being taxes you owe means being we can come get you in the event of non payment.
Rangel admitted on the floor of the House he has not paid income tax on the rental income of his Caribbean property for years. The IRS allowed him to pay the tax sans penalty and interest.
Hold on says former atty and Judge John Carter. He has introduced legislation called the Rangel Rule. Any taxpayer who owes back taxes should be able to write Rangel Rule on his form and forgo penalty and interest. Treasury Secretary Geithner got similar treatment for his back taxes.
Do you think it has a chance to even come up for a vote?
Professor Elam 
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