With the fall elections fast approaching, Democrats are taking heat for stalling on taxes. If the Democratic-controlled Congress does not act by Dec. 31, the effect will be a $115 billion tax increase next year.
Amid intensifying pressure, however, some prominent Democrats remain tone-deaf -- and delinquent -- when it comes to taxes. To wit:
Sen. John Kerry, D-Mass., avoided paying $500,000 in taxes on his yacht.Rep. Charlie Rangel, D-N.Y., failed to disclose hundreds of thousands of dollars in assets to the IRS.