Puerto Rico is bankrupt, but the government has still conceded $20 billion in corporate tax breaks, even while imposing severe austerity measures. Now we know who is benefiting.
Tag: taxes
Nick Sinatra just got a major state development deal, owes hundreds of thousands in property taxes (again)
We exposed Nick Sinatra’s $1.2 million in back taxes earlier this year. The developer just got millions of dollars in subsidies to build in Canalside, even though he’s behind on his taxes again.
Buffalo developer Nick Sinatra owes over $800k in taxes despite generous public subsidies
Nick Sinatra owes at least $827,382.80 on 42 properties in Erie County. He has received nearly $1.5 million in public subsidies.
Tax breaks sweeten JPMorgan’s record-setting settlement with DOJ
In a recent post, Kevin examined the revolving door between JPMorgan and the Department of Justice team charged with negotiating its record-breaking settlement. He concluded that the DOJ attorneys would likely be rewarded in the private sector for their roles in the JPMorgan deal, leaving democracy to foot the bill for their soft negotiations. That same …
A Portrait of the Austerity Committee
Governor Andrew Cuomo’s austerity budget has won the backing of a coalition of business interests named the “Committee to Save New York,” which LittleSis analysts have been researching as part of our Cuomo Watch investigation. Together, we have put together the beginnings of a portrait of the Committee to Save New York, class of 2011. …