, 7 tweets, 4 min read Read on Twitter
Draining the Swamp in New Jersey.
NJ authorities have filed criminal referrals with DOJ related to illegal lobbying to secure huge corporate tax breaks in 2013. Democrat connected lawyer wrote tax breaks specifically for his clients
Real estate lawyer, Kevin D. Sheehan, whose influential law firm. Parker McCay, has close ties to Democratic politicians & legislative leaders in New Jersey. Democrats allowed him to insert language into the draft of the bill to help his firms clients.
How close are they to Democratic Party leaders? Their CEO is a member of the Norcross family. One of his brothers all but runs the party machine in southern Jersey & the other is a US Congressman & former NJ state senator. One of the brother's got an $86M dollar tax break in it!
The total cost of these Swampy endeavor was $11B dollars given out by corrupt politicians to small & large corporations with connections. The kind of connections that get language inserted into laws that only apply to their clients!
Only the Swamp could find a way to spend an average of more than $500K to create each job! But I am sure Subaru was happy with the law firm for that tax break!
Well in the old DOJ, those charges for Swampy acts might not have lead anywhere. But with the Trump DOJ, public corruption & Swampy deals are a priority target. Especially if it can be used to flip a Swampy law firm against it's clients!
I am all in favor of giving across the board tax benefits to help business & lure business to a jurisdiction. But that is the opposite of allowing Swampy lawyers, politicians, & their clients to rig the system to their benefit.
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