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The Real Rangel Scandal: A $6 Billion Taxpayer Gift to a British Company

"Meanwhile, some of Rangel’s most troubling ethical charges continue to be ignored. Did Rangel add a provision to the Troubled Asset Relief Program (TARP) legislation that gives a British conglomerate, Diageo, $2.7 billion in tax relief (the total will ultimately cost almost $6 billion when considering that this is a sixty-year agreement) to build a rum distillery in the U.S. Virgin Islands?"

8/13/2010 11:44 PM

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