Posted by Tina
** Americans may be able to rest a little easier this April if Congressman John Carter, R-Texas gets his way. *** Rep. Carter introduced a bill Wednesday to eliminate all IRS penalties and interest for paying taxes past due. *** The legislation calls for the creation of what he calls the, “Rangel Rule,” — drawing attention to the recent legal issues of House Ways and Means Committee Chairman Charlie Rangel, D-N.Y., enabling citizens who fail to pay taxes on time to do so later with no additional fees. *** Rangel, who writes the country’s tax policies, acknowledged last fall that he failed to pay thousands in real estate taxes for rental income he earned from a property in the Dominican Republic. *** As of September 2008 the Harlem Democrat reportedly paid back more than $10,000 in taxes but that did not include any IRS penalties. *** “Your citizens back home should have the same rights and benefits that come to you as a member of congress. You shouldn’t be treated any differently under the law than your citizens back home,” Carter said. *** He added that citizens should receive the “same courtesy” that the IRS is allegedly granting Rangel and Treasury Secretary Tim Geithner, who also recently acknowledged a failure to pay taxes. FOX News