Palin:
—- Records: Palin cabins not noted in tax assessments —-
“Property taxes totaling $156.13 were paid on the land in 2009″
“The two parcels of land, separated by one lot, total 25 acres and had a combined value of $30,000 in 2007 through 2009, according to assessment records. Dunivan said the data collected in Thursday’s survey will be calculated into 2010 assessment notices being mailed out at the end of the month.”
Rangle:
“The New York Times reported on July 10, 2008 that Rangel rents four apartments in the Lenox Terrace complex in Harlem at below-market rates. The newspaper reported that Rangel paid $3,894 monthly for all four apartments in 2007, but that the going rate for similar apartments offered by the landlord in that building would be as high as $8,125 monthly” “Rangel received thousands of dollars in campaign contributions from one of the company’s owners, according to The Times.”
“… experts cited by The Times indicated that the difference in rent between what Rangel was paying and market rates on the second, third and fourth apartments he rented, an estimated $30,000 per year, could be construed as a gift as the savings is granted at the discretion of the landlord and is not offered to the public at large; if this should be treated as a gift, it would exceed the $100 limit established by the House of Representatives”
“Rangel was also accused of failing to report income from the rental of a villa he owns in Punta Cana in the Dominican Republic, a three-bedroom, three-bath unit that has been rented out for as much as $1,100 per night in the busiest tourist season, from mid-December to mid-April.”
“…was one of several early investors who had interest payments waived in 1990.”
” …Rangel’s attorney, disclosed that Rangel had failed to report $75,000 in income he had received for renting the condo on his tax returns”
“Additional accounting discrepancies were disclosed on September 15, 2008, including omission in Rangel’s financial reports of details regarding the sale of a home he once owned on Colorado Avenue in Washington, DC,…”
“…discrepancies in the value listed for a property he owns in Sunny Isles, Florida ..”
“… and inconsistencies in investment fund reporting.”
“An article in the September 18, 2008 New York Post states, “Rep. Charles Rangel has been using a House of Representatives parking garage for years as free storage space for his old Mercedes-Benz – a violation of congressional rules and a potential new tax woe …”
“On November 23, 2008, the New York Post reported that Rangel took a “homestead” tax break on his Washington, DC house for years while simultaneously occupying multiple New York City rent-stabilized apartments, “possibly violating laws and regulations in both cases.”
“In December 2008, it surfaced that Rangel paid $80,000 in campaign funds to an Internet company run by his son for the creation of his PAC website.”
http://en.wikipedia.org/wiki/Charles_B._Rangel#cite_note-nyt071108-39