New Bill Would Eliminate All IRS Penalties and Interest for U.S. Citizens
Congressman John Carter to introduce “Rangel Rule” Legislation Wednesday
(Washington, DC) – U.S. Rep. John Carter (R-TX) will introduce new legislation tomorrow to eliminate all penalty and interest charges by the Internal Revenue Service against U.S. citizens. The bill is designed to provide the same treatment for all U.S. taxpayers owing back taxes as that enjoyed by House Ways and Means Chairman Charles Rangel (D-NY).
WHO: Congressman John Carter and supporting House Members
Congressman John Carter and supporting House Members
WHAT: News Conference to Introduce the “Rangel Rule”
News Conference to Introduce the “Rangel Rule”
WHEN: Wednesday, 1pm
WHERE: House Radio-TV Gallery, Room H321, U.S. Capitol
House Radio-TV Gallery, Room H321, U.S. Capitol
Under the proposed law, any taxpayer who wrote “Rangel Rule” on their return when paying back taxes would be immune from penalties and interest.
Fantastic. As long as we can get the same breaks as Charles Rangel and the newly appointed tax-cheating Treasury Secretary Timothy Geithner, I’ll sign any fucking ‘rule’ name required.
While Congress is at it, they may want to consider a “Freinds of Angelo” (Mozillo) legislation for mortgage holders. I no longer have Countrywide as my mortgage company but hell, I’d like the same kind of deal Chris Dodd got, anyway.