The N.Y Times has just released a story outlining how NY Dem. Chuck Rangel may have used his influence in Congress to preserve off-shore tax loops for donors to his memorial library at C.U.N.Y. This comes as Rep. Rangel is already being investigated for violating New York State rent control laws and failing to pay various income and property taxes during his time in Washington. The fact is that if Rangel did specifically exempt the companies donating to his library from new tax laws as a quip pro quo, the lost tax revenue comes to over a billion dollars, that makes Stevens's $250,00 pay off look like chump change.
Recent scandals, or rather the ongoing wave of scandals in Washington raise an interesting question, do the scandals in Washington point to a declining morality in the United States or are they one of the perils of power that have always been a part of life in Washington? I'm inclined to think the latter, but I'm not entirely sure.
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