September 09, 2008

Rangel: Well, I'll Pay Those Taxes Since I Got Caught

Interesting, isn't it, that another senior Democrat with a sweetheart mortgage deal has come to light -- and the media again issues a pass.

As House GOP leaders called for his removal from the powerful chairmanship of the House Ways and Means Committee, Rep. Charles B. Rangel (D-N.Y.) announced yesterday that he will repay an unspecified amount in back federal, state and local taxes on unreported income from a Dominican Republic vacation property.

The Harlem Democrat will file amended federal, state and local tax returns to reflect $75,000 in income from the beachfront villa that he previously failed to list on tax and congressional financial disclosure forms, said his attorney Lanny Davis.

If this were a senior Republican -- say Mitch McConnell -- we would be seing lead stories on every network, demands for prosecution, and endless claims of a Republican culture of corruption. Yet somehow, the press just can't muster the outrage over this story, any more than it could over earlier mortgage deals -- or Obama's shady deal with Tony Rezko to get property at below market value.

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