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A direct reference to current House Ways and Means Committee Chairman Charles Rangel's
(D-NY) recent tax scandals, this bill would allow taxpayers to write "Rangel Rule" on their return when paying back taxes in order to avoid paying IRS penalties and fees.
OpenCongress bill summaries are written by OpenCongress editors and are entirely independent of Congress and the federal government. For the summary provided by Congress itself, via the Congressional Research Service, see the "Official Summary" below.
1/28/2009--Introduced.Rangel Rule Act of 2009 - Amends the Internal Revenue Code to exempt any U.S. citizen who writes "Rangel Rule" on the top of the first page of his or her income tax return from interest on unpaid taxes, penalties, additions to tax, or additional amounts.