Posted by
Always To The Right on Wednesday, January 28, 2009 11:27:40 PM
Introducing the Rangel rule
Rep. John Carter, a Texas Republican, sent out a press release earlier today about his innovative new bill:
"Rangel Rule"
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.