Under this intriguing proposed law, any United States citizen whom is paying back taxes to the IRS, and writes the words "Rangel Rule" on their tax return whilst paying these back taxes would be exempt from any accrued penalties or 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.”
A quick check of the Library of Congress/THOMAS website shows that H.R 735 (Rangel Rule Act of 2009) has, indeed, been introduced, but it has been punted over to the House Committee on Ways and Means where it will -- no doubt -- languish alone, unloved and ignored until it dies a quiet death.
I think I'll bang off a handwritten note to my Congresscritter -- Mac Thornberry -- mentioning that he could take a baby step on the road to redeeming himself for his support of the FIRST BAILOUT BILL -- how's that 850 BILLION DOLLARS you stole out of our wallets working for the people of Texas, Mac? -- if he were to throw his weight behind H.R. 735.
Not that the arrogant bastard will listen, but it's worth a try and I've got paper and ink to spare.