Mark Lagerkvis:
Jim McDonald is weeks away from hitting a jackpot in New Jersey’s election sweepstakes as a new double-dipping county sheriff.
In January, he retired as Washington Township police chief at age 54 to draw a $94,000 a year state pension – and run for Warren County sheriff. He is unopposed on the November ballot after winning the GOP primary on a platform of “fiscal responsibility.”
McDonald is a sure bet to add a sheriff’s salary of $128,000 to his income next year, increasing his total annual take from public coffers to $222,000. He and his campaign did not respond to requests for comment.
“Public pensions are not really intended to be a way to change your lifestyle and double your income,” said Sen. Jennifer Beck, R-Red Bank, a longtime opponent of double-dipping. “It was created to support you when you are no longer working.”
Currently, three-fourths of the state’s sheriffs – 16 out of 21 – take advantage of existing loopholes to draw county salaries while receiving pensions as law enforcement “retirees,” according to a NJ Spotlight analysis. In an upcoming election packed with sheriff candidates who are double-dippers or would-be double-dippers, those numbers are unlikely to change much.
The full story on double-dippers running for sheriff is online at http://www.njspotlight.com/stories/16/09/18/double-dippers-dominate-sheriff-elections-across-new-jersey/
NJ Spotlight’s current list of double-dipping sheriffs is posted at http://www.njspotlight.com/stories/16/09/18/the-list-new-jersey-s-16-double-dipping-county-sheriffs/
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Mark Lagerkvist is a veteran investigative reporter who has worked for CNBC, News 12, Asbury Park Press, New Jersey Watchdog and other news outlets. His work has won more than 60 journalism awards, including honors from National Press Club, Scripps Howard Foundation, and Investigative Reporters & Editors (IRE). He can be reached at Mark@Lagerkvist.net.
Showing posts with label loopholes. Show all posts
Showing posts with label loopholes. Show all posts
Wednesday, September 21, 2016
Saturday, July 26, 2014
President Obama's Weekly Address 7/26/14: Closing Corporate Tax Loopholes
WASHINGTON, DC — In this week’s address, the President continued his call for our nation to rally around an economic patriotism that says rather than protecting wasteful tax loopholes for a few at the top, we should be investing in things like education and job training that grow the economy for everybody. The President highlighted the need to close one of the most unfair tax loopholes that allows companies to avoid paying taxes here at home by shifting their residence for tax purposes out of the country. The President has put forth a budget that does just that, and he has called for business tax reform that makes investment in the United States attractive, and creates incentives for companies to invest and create jobs here at home. And while he will continue to make the case for tax reform, the President is calling on Congress to take action and close this loophole now.
Saturday, April 6, 2013
President Obama's Weekly Address 4/6/13: The President’s Plan to Create Jobs and Cut the Deficit
WASHINGTON, DC—President Obama used his weekly address to tell the American people about the Budget he is sending to Congress this week, which makes the tough choices required to grow our economy and shrink our deficits. The President’s Budget calls for a balanced approach to deficit reduction, including reforms that strengthen Medicare for future generations and tax reform that closes wasteful loopholes, so we can afford the investments required to grow grow the economy, create new jobs, and reignite the engine of our economic growth: a rising, thriving middle class.
Saturday, February 23, 2013
President Obama's Weekly Address 2/23/13: Congress Must Act Now to Stop the Sequester
WASHINGTON, DC—President Obama used this week’s address to urge Congress to stop the harmful automatic cuts that threaten thousands of jobs and affect our national security—called the sequester—from taking effect on March 1st. The President and Congressional Democrats have already put forward solutions to avoid these cuts and reduce the deficit in a balanced way, and now it’s time for Congressional Republicans to compromise by closing some loopholes that protect the wealthiest Americans so that we can reduce the deficit in a balanced way and create jobs for the middle class.
Learn more about the Sequester ..... Here
Learn more about the Sequester ..... Here
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