The tax troubles of Congressman Charles Rangel (D-NY), the chair of the House Ways and Means Committee (the committee that writes tax legislation), have worsened. The House Ethics Committee had already been looking into his property tax troubles; the committee voted to extend the probe and look into whether Congressman Rangel protected an oil drilling company from a large tax bite after that company (Nabors Industries, Ltd.) donated $1 million to start the Charles B. Rangel Center for Public Service at the City College of New York.
This news comes out on the day that Governor Rod Blagojevich (D-IL) is arrested on corruption charges; it sure is an interesting coincidence.