Submitted by NLPC Staff on Fri, 03/20/2009 - 15:35
Rep. Charles Rangel (D-NY) would seem an unlikely point man for the legislation passed by the House yesterday imposing a 90% tax on any bonuses given to employees with family incomes of more than $250,000 at firms that received more than $5 billion in bailout funds.
As exposed by NLPC, Rangel failed to pay federal income tax on rent received from his beachfront home in the Dominican Republic, and cheated on his D.C. property tax by improperly claiming a homestead exemption. Also, Rangel led a Citigroup-funded Caribbean junket last November that violated House rules.
Submitted by NLPC Staff on Sat, 03/07/2009 - 10:46
Independent filmaker Evan Coyne Maloney has produced this short exploring local reaction to NLPC-exposed tax evasion by Rep. Charles Rangel (D-NY). The clip is getting heavy interest on YouTube, with 12,500 views as of today.
In an interview on C-SPAN on Sunday and in a letter mailed to supporters released Tuesday, Mr. Rangel said the conservative-oriented National Legal Policy Center had sent an investigator to examine the finances of a villa he owns in the Dominican Republic, then passed along critical information to a reporter from The Post. The newspaper subsequently printed an article questioning whether Mr. Rangel had reported all the rental income he received from the villa on his financial disclosure forms and tax returns.
“Newspapers forwent actual, independent reporting, and instead relied on this organization to do the dirty work for them,” Mr. Rangel wrote.
Unfortuntely for Rangel, the story also details a new report from the liberal-oriented Sunlight Foundation that accuses Rangel of thirty years of financial disclosure violations:
Submitted by NLPC Staff on Tue, 02/03/2009 - 12:21
In an article titled "Conservative Watchdog Group Targeted Rangel," NLPC's investigation of Congressman Charles Rangel (D-N.Y.) is detailed in today's edition of The Hill. The newspaper, which is widely read by members of Congress and their staffs, reports:
When the news broke that Rep. Charles Rangel (D-N.Y.) may have been abusing New York City rent-control laws, Peter Flaherty and Ken Boehm smelled blood.
The two investigators are principals and founders of the National Legal and Policy Center, a conservative watchdog group whose research has spurred news stories taking Rangel to task for alleged ethical violations.
The center has time, money and seasoned Washington hands, who research publicly available information.
But it is not just Democrats who are the center's targets. Some big-spending Republicans, such as former Sen. Ted Stevens (Alaska) and Rep. Don Young (Alaska), also have found themselves in the center's crosshairs.
Submitted by NLPC Staff on Sun, 02/01/2009 - 10:12
NLPC research is cited in an editorial appearing today's edition of the Binghampton (NY) Press & Sun-Bulletin:
Bad habits are hard to break, but some people in America's corporate and political worlds don't even seem to be trying in the midst of the worst economic calamity since the Great Depression. [...]
New York's Charles Rangel and five other Democratic members of the House enjoyed a trip to the Caribbean sponsored in part by Citigroup (see above) in November - after Congress had approved the $700 bailout for financial firms (including Citigroup).
The members no doubt will object to the terms "junket," but that shoe fits. The National Legal and Policy Center, a watchdog group, has asked Neil Barofsky, the special inspector general for the Troubled Asset Relief Program (TARP) to investigate the Nov. 6-9 excursion to the island of St. Maarten.
At 94, most men are lucky to be alive, much less enjoying the scenery at a Caribbean seaside resort.But Ted Kheel is an unusual case of both longevity and networking.A longtime negotiator on behalf of New York City labor unions, he’s cultivated close ties to a number of Democratic Party leaders over the years, most significantly, Rep. Charles B. Rangel, D-N.Y., chairman of the House Ways and Means Committee.The business side of that relationship is now the subject of a possible federal investigation, a probe triggered by a series of articles appearing in the New York Post.Reporter Isabel Vincent had revealed that a real estate company co-founded by Kheel decades ago had arranged for the powerful Congressman to obtain an interest-free mortgage on a villa in the Dominican Republic.That deal opened the door for Rangel to collect what may be hundreds of thousands of dollars in unreported gross rental income.