(ROUND ROCK, TEXAS) – If the IRS is truly expanding its probe of offshore income tax evasion as reported by Bloomberg News, the case of Treasury Secretary Tim Geithner’s evasion of U.S. payroll taxes should be "expanded" to the top of the investigations list, according to House Republican Conference Secretary John Carter. 

Carter today called on IRS Commissioner Douglas Shulman to immediately begin investigation of Geithner’s failure to pay taxes on foreign income from the controversial International Monetary Fund (IMF) over multiple years.
 

"If Commissioner Shulman really wants to set his targets on ‘all categories of folks’ like he says, he should put a big bulls-eye on his boss, Secretary Geithner, and show the American public he’s serious about equal enforcement of the law," says Carter. "Otherwise, any taxpayer he chooses to prosecute from this UBS raid will have a very good defense argument using Mr. Geithner’s case of evading taxes on foreign income and getting off without prosecution or even paying penalties. And if that’s not enough they can fall back on the ‘Rangel Rule’."
 

House Ways and Means Chairman Charlie Rangel (D-NY) has also escaped all IRS penalties and interest after failing to pay federal taxes on income from Caribbean resort rentals over a 10 year period. Carter has introduced legislation allowing all Americans to avoid interest and penalties on back taxes under the same conditions as Chairman Rangel, by claiming a "Rangel Rule" waiver.