, 6 tweets, 2 min read Read on Twitter
George Norcross, a New Jersey businessman and political powerbroker, shaped a law to grant tax breaks for redevelopment in Camden, one of America’s most distressed cities, then benefited from a state agency’s sloppy oversight, an investigative panel found bloomberg.com/news/articles/…
Donald Trump is also a longtime political and financial ally of George Norcross. "In 2003 Trump's rivals in the casino industry and a Republican state senator complained that Norcross strong-armed a sweetheart tax deal for Trump through the legislature." wnyc.org/story/trump-se…
New Jersey revamped its tax incentive programs in 2013 with a heavy emphasis on extra incentives for South Jersey, especially Camden. George Norcross’ brother, Donald, who at the time was a state senator, was among the co-sponsors of the legislation. politico.com/states/new-jer…
"After Chris Christie, a Republican, became governor, Norcross became one of his closest allies, and was partly responsible for most of the biggest accomplishments during Christie’s two terms." politico.com/states/new-jer…
"Through the ’80s, ’90s and early ’00s, Norcross kept to the shadows. He built a fortune in the anonymity of the insurance business. He led meetings in the political back rooms. And the little that leaked out to the rest of us cast him in villainous terms" phillymag.com/news/2013/03/2…
"On clandestine law-enforcement recordings, made public in 2005, Norcross boasted of his power and promised to make a profane end of his opponents —rapid-f­iring F-bombs and saying he’d see to it that those who crossed him were 'punished,' 'fired' and 'crushed.'”
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