Spend­ing in elec­tions

The Trentonian (Trenton, NJ) - - OPINION -

I’ve of­ten thought about win­ning the Mega Mil­lion or Power­ball jack­pot and what I would do with the money. The re­cent New Jer­sey elec­tions an­swer my ques­tion. I would run for New Jer­sey Sen­a­tor. Money No Ob­ject. What was Bob Hu­gin think­ing spend­ing Mil­lions to win a se­nate seat? How many terms would he have to serve to re­coup that in­vest­ment?

— Blue Man Group

Just by salary, which starts at $174,000, it would be 5.74 years for each mil­lion spent. Most se­na­tors who make that salary are worth mil­lions be­cause they are lim­ited in what salaried in­come they can make out­side of their Se­nate salary, but not lim­ited on what they can earn in non-salaried in­come, like com­pany prof­its, div­i­dends and in­vest­ments.

— Ed Note

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.