Dinesh D’Souza, a controversial political commentator, author and former president of King’s College, was indicted today by a grand jury for alleged campaign finance fraud, U.S. Attorney Preet Bharara’s office announced this evening.
According to the office, Mr. D’Souza, 52, is charged “with violating the federal campaign finance laws by making illegal contributions to a United States Senate campaign in the names of others and causing false statements to be made to the Federal Election Commission in connection with those contributions.”
Time. We really have so little of it. Just a few years ago it seemed like condo and co-op owners had all the time in the world with their beloved tax abatement and now it’s expiring.
There are plenty of abatements out there, of course—ones for new construction and capital improvements, senior citizens and veterans, but this one is special. This is the one that gives a generous 17.5 percent property tax reduction to just about all co-op and condo owners. And it’s going to die on June 30 if an extension doesn’t come along to save it.
The situation has looked bad before, of course. The abatement, first passed in 1996 to help offset the disparity between the tax rates of co-op and condos versus one- to three-family houses, has required several renewals. Still, have things ever been this dire?