[Vision2020] Elimination of IRS Penalties

[Andreas Schou]

Doug --

Could you explain to me how this is an attempt at actual, serious
policymaking, rather than a dumb political stunt meant to highlight an
opposition political scandal?

-- ACS

On Sat, Feb 7, 2009 at 6:04 PM, Glenn Schwaller <vpschwaller at gmail.com>wrote:

> I think I could like this . . .
>
> >From Congressman John Carter, Texas:
> Washington, Jan 28 -
> IRS Penalties and Interest Eliminated for All U.S. Taxpayers under new
> "Rangel Rule" Legislation
>
> (WASHINGTON, DC) – 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.
>
> "We must show the American people that Congress is following the same
> law, and the same legal process as we expect them to follow," says
> Carter.  "That has not been done in the ongoing case against Chairman
> Rangel, nor in the instance of our new Treasury Secretary Timothy
> Geithner.  If we don't hold our highest elected officials to the same
> standards as regular working folks, we owe it to our constituents to
> change those standards so everyone is abiding by the same law.
> Americans believe in blind justice, which shows no favoritism to the
> wealthy or powerful."
>
> Carter also said the tax law change will provide good economic
> stimulus benefits, as it would free many taxpayers from massive debts
> to the IRS, restoring those funds to the free market to help create
> jobs.
>
> GS
>
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