Yusuf Salaam owes six figures in taxes, despite speaking fees
The anti-cop councilman owes between $100,000 and $250,000 to the IRS, his 2024 annual financial disclosure to the city Conflicts of Interest Board shows.
Salaam, 51, insisted in the forms he is 'in the process of repaying all taxes' for the past two years.
5 Salaam owes big money to the IRS, financial disclosures reveal.
Gregory P. Mango
The Harlem pol won his seat in 2023, then took office at the start of 2024 — so it's not clear when the taxes owed date back to.
His office declined to comment, and the IRS is barred from disclosing tax return information.
Salaam maintains his mountain of debt despite making a killing in speaking fees since his surprise victory in 2023.
He charges around $31,000 a pop for a virtual event — and closer to $40,000 to come talk about criminal justice in person.
He's had at least 36 speaking engagements since announcing his run in 2023.
5 Salaam was 16 when the court proceedings took place in 1990.
ASSOCIATED PRESS
Since taking office last year, he raked in up to $250,000 in fees alone, records show — on top of the $148,500 salary he gets for his Council gig.
The father of 10 also declared getting '$500,000 or more' annually from a trust, estate or other beneficial interest, likely the terms of his 2014 settlement with the city.
NYC ended up paying $40.75 million to the members of the Central Park Five to settle a civil rights suit. Salaam's share was $7.125 million.
5 Salaam was arrested along with four other Black and Latino teenagers in the Central Park case in 1989.
Andrew Savulich
5 Salaam served nearly seven years in prison on the since overturned conviction.
NY Post File Photo
This isn't the first controversy for the councilman, who's also chairman of the Public Safety Committee overseeing the NYPD.
Last year he was caught motoring around the Big Apple with out-of-state license plates and alleged illegally tinted windows. He was living in Georgia for six years before running for office in the Big Apple and still had his Peach State plates.
5 Salaam says he's been in the process of repaying all taxes for the past two years.
Ron Sachs – CNP for NY Post
Salaam has been a vocal critic of the NYPD since being elected and among the lawmakers who pushed the controversial 'How Many Stops Act' that buries cops in paperwork.
He was one of five Black and Latino teenagers wrongly accused, convicted and imprisoned for the assault and rape of a woman jogging in Central Park in 1989.
After his arrest at age 15, Salaam served nearly seven years behind bars, before a re-examination of the case led to his conviction being tossed in 2002 — after career criminal Matias Reyes confessed to the attack and DNA evidence confirmed Reyes' involvement.
Reyes had confessed during interrogation to being at the Central Park crime scene, but the admission was later determined to be coerced.
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San Francisco Chronicle
an hour ago
- San Francisco Chronicle
Bonta's bad bet: Fantasy sports ban could further alienate young male voters
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Shortly before the 2022 vote on Proposition 27, which would have legalized online gambling in California and sent 85% of the money it generated through a 10% tax on gross online sports betting revenue toward homeless services, Mark Macarro, chairman of the Pechanga Band of Luiseño Mission Indians, told the Chronicle's editorial board, 'It's inevitable that mobile gaming is going to be upon us some day. Where do we fit in? And the conclusion that many of us have reached is we should, at a minimum, be at the table helping develop the legal framework for when mobile gaming arrives.' Macarro was a Prop. 27 opponent who emphasized that some of his fellow tribal chairs 'aren't as far down the road in terms of the inevitability of mobile gaming.' If online gambling were to be legalized through Prop. 27, Macarro said, there is a concern that it could damage 'the brick-and-mortar casinos' that are what he called 'our lifeblood, fundamentally.' 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Newsweek
3 hours ago
- Newsweek
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New York Post
9 hours ago
- New York Post
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