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All U.S. taxpayers would enjoy the same immunity from IRS penalties and interest as House Ways and Means Chairman Charles Rangel (D-NY) and Obama Administration Treasury Secretary Timothy Geithner, if a bill introduced today by Congressman John Carter (R-TX) becomes law.
Carter, a former longtime Texas judge, today introduced the Rangel Rule Act of 2009, HR 735, which would prohibit the Internal Revenue Service from charging penalties and interest on back taxes against U.S. citizens. Under the proposed law, any taxpayer who wrote “Rangel Rule” on their return when paying back taxes would be immune from penalties and interest.
U.S. Representative John Carter - Proudly Representing the 31st District of Texas (http://carter.house.gov/News/DocumentSingle.aspx?DocumentID=109658 - broken link)
All U.S. taxpayers would enjoy the same immunity from IRS penalties and interest as House Ways and Means Chairman Charles Rangel (D-NY) and Obama Administration Treasury Secretary Timothy Geithner, if a bill introduced today by Congressman John Carter (R-TX) becomes law.
Carter, a former longtime Texas judge, today introduced the Rangel Rule Act of 2009, HR 735, which would prohibit the Internal Revenue Service from charging penalties and interest on back taxes against U.S. citizens. Under the proposed law, any taxpayer who wrote “Rangel Rule” on their return when paying back taxes would be immune from penalties and interest.
U.S. Representative John Carter - Proudly Representing the 31st District of Texas (http://carter.house.gov/News/DocumentSingle.aspx?DocumentID=109658 - broken link)
Of course Congress wants this rule in place. It would save the members a lot of money when they all decide to pay their back taxes. Especially Rangel.
Last edited by Waterboy526; 01-29-2009 at 10:26 AM..
Awesome! I guess this means I won't ever pay taxes, why do so when I can take my money and put it in an interest bearing account. When I get around to paying taxes 30-40 years later I'll keep the difference!
All U.S. taxpayers would enjoy the same immunity from IRS penalties and interest as House Ways and Means Chairman Charles Rangel (D-NY) and Obama Administration Treasury Secretary Timothy Geithner, if a bill introduced today by Congressman John Carter (R-TX) becomes law.
Carter, a former longtime Texas judge, today introduced the Rangel Rule Act of 2009, HR 735, which would prohibit the Internal Revenue Service from charging penalties and interest on back taxes against U.S. citizens. Under the proposed law, any taxpayer who wrote “Rangel Rule” on their return when paying back taxes would be immune from penalties and interest.
U.S. Representative John Carter - Proudly Representing the 31st District of Texas (http://carter.house.gov/News/DocumentSingle.aspx?DocumentID=109658 - broken link)
Of course Congress wants this rule in place. It would save the members a lot of money when they all decide to pay their back taxes. Especially Rangel.
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