Did You Know...

   

Cronyism update: Donations for tax breaks in New York

Share
By Doug Powers  •  August 9, 2013 11:54 AM

**Written by Doug Powers

Cronyism: It’s what’s for breakfast, lunch and dinner:

A top development company donated $100,000 to Gov. Cuomo just days before he signed a bill that quietly showered the firm with lucrative tax breaks.

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

Cuomo signed the legislation two days later.

The twin $50,000 donations were made by Elco Master LLC and 134 W 58 LLC. Each listed the same Louisville, Ky., address of Extell Financial Services, which is part of Extell Development. It was the first time either company contributed to Cuomo, state records show.

According to the Daily News, a Cuomo aide called any accusations that the governor’s decisions are influenced by donations “beyond reckless.”

But just in case, Cuomo signing a bill that was of great benefit to large donors is being investigated — by Cuomo:

Extell and the other four companies who benefited from the legislation have been subpoenaed by a special commission created by Cuomo to investigate corruption in state government. The commission is looking at circumstances surrounding the bill’s passage.

Not unlike Eric Holder’s investigations into the actions of Eric Holder, I’m guessing Andrew Cuomo’s investigation of Andrew Cuomo will find no wrongdoing on the part of Andrew Cuomo.

**Written by Doug Powers

Twitter @ThePowersThatBe

blog comments powered by Disqus
~ For the latest breaking news, be sure to join Michelle's Email List:

Banned from entering the US? Try making some generous campaign contributions

December 17, 2014 08:55 AM by Doug Powers

drebin1

Nothing to see here

Obama’s scandal-tainted BCBG (best Chicago golfing buddy)

December 5, 2014 08:28 AM by Michelle Malkin

Obama’s executive amnesty helps draw thousands of Lois Lerner’s emails out of the shadows

November 21, 2014 07:22 PM by Doug Powers

lerner

Can email plead the Fifth?

Jonathan Gruber cashed in even more than previously thought; Update: And Obama JUST found out about all this

November 16, 2014 09:23 AM by Doug Powers

king1

Great work if you can get it

Nancy Pelosi was for Jonathan Gruber before she never heard of him

November 13, 2014 08:56 PM by Doug Powers

pelosi1

Selective memory loss


Categories: Corruption, Democrats, Health care, Nancy Pelosi

Follow me on Twitter Follow me on Facebook