Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
#LoserDonald Bribed Politician For $97 Million Tax Break
Posted
September 21, 2016
Views
115,729
Likes
2,327
Comments
588
Engagement
2.52%
September 21, 2016
115,729
2,327
588
2.52%
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5:59Now PlayingRepublicans claim to be against crony capitalism and corruption. Unfortunately their nominee Donald Trump is not. Cenk Uygur, host of The Young Turks, breaks it down. Tell us what you think in the comment section below.
"Republican presidential nominee Donald Trump gave at least $45,000 to the campaign of Alan Hevesi, a New York state comptroller who later went to prison for his role in a pay-to-play bribery scandal, according to a Huffington Post review of campaign finance records.
Trump’s donations coincided with a $500 million lawsuit he filed against the city of New York in the hopes of reducing his property taxes. As the city comptroller and later the state comptroller, Hevesi, a Democrat, played a role in evaluating and settling legal claims against the city of New York and its officials.
The bulk of Trump’s donations went to Hevesi’s campaign for state comptroller, a race Hevesi won in the fall of 2002. In the fall of 2003, by which point Trump had given Hevesi $35,000, the city settled Trump’s lawsuit, a decision that would have involved both the state comptroller ― i.e., Hevesi ― and the new city comptroller.
The city reduced the tax assessment for Trump’s newest building by 17 percent and awarded the building a special tax abatement. In exchange, Trump agreed to subsidize 200 units of affordable housing in the Bronx. The settlement saved Trump $97 million in taxes he didn’t have to pay, he later wrote in Trump: How To Get Rich.”*
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Hosts: Cenk Uygur
Cast: Cenk Uygur
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. Young person who rebels against authority or societal expectations. (American Heritage Dictionary)
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