Tags: cuomo | tax | break | donor

Gov. Cuomo Signs $35 Million Tax Break to Big Donor Company

Image: Gov. Cuomo Signs $35 Million Tax Break to Big Donor Company

Friday, 09 Aug 2013 12:35 PM

By Jim Meyers

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
New York Gov. Andrew Cuomo received a $100,000 campaign contribution from a development company, then two days later signed a bill giving huge tax breaks to the same firm, the New York Daily News is reporting.

Two corporations tied to Extell Development each contributed $50,000 to Cuomo's campaign, which recorded the checks on Jan. 28, the day the state Assembly passed a housing bill that included tax breaks for five developers, including Extell.

Cuomo, who is up for re-election next year, signed the bill two days later.

"And less than three weeks after the bill became law, Extell President Gary Barnett donated $100,000 to a state Democratic Party account that Cuomo was tapping to finance ads pushing his agenda," the News reported.

Extell received tax breaks projected to total $35 million over 10 years for a luxury apartment tower in Midtown Manhattan.

Cuomo aide Melissa DeRosa told the Daily News it is "beyond reckless" to suggest the governor is influenced by donations.



© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

CNN Anchor Tweets Insult About Fox News Climate Story

Thursday, 31 Jul 2014 19:26 PM

CNN anchor Bill Weir went on a mini-Twitter tirade Thursday, crudely slamming a Fox News blog for its post on former Vic . . .

Doctor With Ebola Virus Offers Only Serum Dose to Colleague

Thursday, 31 Jul 2014 18:17 PM

A doctor stricken with the Ebola virus asked that his colleague, a missionary worker also sick with the virus, be given  . . .

Senate Report Exposes Green Groups' Activist 'Billionaires Club'

Thursday, 31 Jul 2014 16:48 PM

A report released Wednesday by Republicans on the Senate Environment and Public Works Committee says environmental group . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved