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December 06, 2011

Taxes (and Pepper Spray) Are for the Little People

The New York Daily News reported yesterday that Brookfield Properties—apparently taking its cue from Leona Helmsley—owes New York City $139,000 in back taxes. Brookfield is the owner of Zuccotti Park, site of the original Occupy Wall Street encampment, and one of the main forces behind its eviction on November 15th.

Just for comparison's sake, $139,000 is four times the annual starting salary for a NYPD officer.

In any case, skipping out on your taxes is clearly very lucrative: Diana L. Taylor, Mayor Mike Bloomberg's girlfriend, was paid $109,954 in 2009 by Brookfield for several days work on its Board of Directors. (See Brookfield's 2010 Management Proxy Circular (PDF), p. 27. According to p. 13 of the circular, Taylor attended nine meetings in 2009, some which may have been on the same days.)

Posted at December 6, 2011 10:58 AM

I gotta get me one of those cushy gigs. Brookfield consultant, Bloomberg galpal. So long as it pays well.

Posted by: darrelplant at December 6, 2011 01:04 PM

These are busy people, their time is actually worth something, well, actually quite a lot. They are not like you and me when they work an hour they actually accomplish something non-quantifiable, that's what makes it worth so much. Try it sometime being stoned would probably help. Not for the faint of heart.

Posted by: knowdoubt at December 7, 2011 05:41 AM