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Al Sharpton Gives Himself 71% Raise Thanks to de Blasio, Obama

Al Sharpton, founder of the Harlem-based nonprofit National Action Network, awarded himself a 71 percent raise last year after the group drew a record $6.9 million in donations. A spokesman for NAN said the salary hike was repayment of loans Sharpton previously made to NAN.  Loeb & Loeb partner Marcus Owens is quoted on the raise and the explanation offered by NAN, commenting: “To structure the payoff of a loan through a salary transfer doesn’t seem really plausible because no one would want to pay income tax on their own money coming back to them.”  

Click here to read the article on the New York Post website.