Booker Made $700K From Law Firm With $2M in City Contracts
A report from the New York Postshows that New Jersey senatorial frontrunner Newark Mayor Corey Booker took almost $700,000 from a law firm while he was mayor. Booker’s federal tax forms from 2010 to 2012 show him pulling down $689,500 from Trenk DiPasquale, and state that he “materially participate[d] in the operation of this business.” Booker says the money was part of a buyout, and that his accountant erred. “The box was checked in error by the tax preparer, and amended returns will be filed,” said Kevin Griffis, a spokesman for Booker. “The mayor has not done any work on behalf of his former law firm since 2006.” While Booker was mayor, the firm earned $2 million in government fees associated with the Booker administration, including almost $1.3 million from Newark’s Housing Authority.