Representative Charles B. Rangel has earned more than $75,000 in rental income from a villa he has owned in the Dominican Republic since 1988, but never reported it on his federal or state tax returns, according to a lawyer for the congressman and documents from the resort. Mr. Rangel, chairman of the House Ways and Means Committee, which writes the federal tax code, bought the beachfront villa at the Punta Cana Yacht Club and has received twice-yearly payments from the resort, which rents the property for $500 or more per night. Records from the development, now called the Punta Cana Resort and Club, indicated that Mr. Rangel’s rental profits varied from year to year, from $2,700 in 2004 to $7,600 in 1994.
In case it isn't clear from that (you'd have to be paying attention), Rangel is a Democrat. He also has rented four rent-controlled apartments in NYC for over ten years (most people only get to rent one, if they can even find one) and he has been soliciting donations from powerful companies for his center at City College.
Get Some Friends, Dude
1 hour ago
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