Tax Proposal From Rangel Could Benefit Hit Donors.

The article discusses the legislation proposed by U.S. Representative Charles Rangel related to tax break for people living and operating a business in Virgin Islands. The legislation will halt tax audit of those people. It is reported that many beneficiaries of the tax break are those who contribute to Rangel's campaign. Rangel says that his aim is to remove discrepancy between tax payers of Virgin Islands and that of the mainland.