"The Official Portrait of Miss InDiana"

"The Official Portrait of Miss InDiana"
aka "Miss Victory"

Thursday, January 29, 2009

The "Rangel Rule" -- no tax penalties for the rest of us!

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.

3 comments:

Pete Boggs said...

Rep. Carter is on the lead lap. Our ancestors crossed an ocean to escape tyranny, in search of freedom, not subject future generations of Americans to a new tyranny of irrational, abusive tax code.

We The People said...

Every time I see interviews about what's happening in our economy, I am reminded how few really understand the reason behind our folly.

I am already making plans for a complete economic collapse and will have a safe place to protect myself and the community of people who understand free market principles and liberty. There will be many who will suffer great loss and pain in their confusion of why these problems exist and their newly elected savior's plan to stimulate our economy will actually be the downfall of the dollar. Be prepared for we can see this category five hurricane coming to shore and many of you are clutching to a false hope while following your blank banner in your own personal Dante's Inferno.

Sean Shepard said...

All animals are equal, some animals are more equal than others.