Charlie Can't Wrangle Out of Rent Mess

Charlie Can't Wrangle Out of Rent Mess

I like that headline, ….. if it were only true.

It appears Charlie hasn't been able to wrangle out of the rental mess he's gotten himself into; in fact, it seems he just keeps digging deeper holes.

Rep. Charles Rangel failed to report rental income for eight years on his Harlem pad, even though public records indicate tenants were living there, according to a published report.

The influential chairman of the House Ways and Means Committee maintained he got no money from 1993 to 2000 on the six-apartment complex, federal financial disclosure forms reveal.

The high-profile Democrat, who is under investigation by the House Ethics Committee for a variety of alleged financial violations, keeps changing his story when it comes to the Harlem pad, which his grandfather bought in 1923. His reported annual rental income has ranged from nothing to up to $50,000, reports the Post – disparities that have some people scratching their heads and others just shaking them in dismay.

Despite all the controversy surrounding the congressman in Washington, he's still getting love at home. About 75 local politicians, including former mayor David Dinkins, church leaders and union reps attended a rally for Rangel in Harlem yesterday.

http://www.msnbc.msn.com/id/32823966

Lets see now, 6 apartments, 8 years of rental income and a conservative $500/month rent figures out to be $288,000 of unreported income.



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I guess he was getting his tax advice from ACORN.