Fine Charlie
The IRS should demand interest and penalties from Ways and Means Committee chairman Charles Rangel.
If you owned a condominium unit in a foreign country and earned income by renting it out and if you didn’t have your employer withhold enough money for taxes or make adequate quarterly payments, you probably owed a tax penalty. That is unless you were the chairman of the House Ways and Means Committee, the committee responsible for writing US tax law. It seems that paying interest and penalties is optional if you have been in the House since 1970.