Tag: Billionaire

Of all people, conservative energy mogul and billionaire super-contributor Charles Koch complained Thursday in a newspaper opinion column about the unfair influence of corporations and the “privileged few” in political decisions. He also wrote: “Our entire economy is rife with cronyism.” Everyday Americans forking over unearned millions — to make up for slashing the corporate rate and estate taxes for the wealthy — could be a description of what just happened in the new tax law, which was vigorously supported by Koch. Koch, along with his brother, David, and Koch Industries have contributed millions of dollars to political campaigns and issue battles to get their hard-line libertarian, corporate-friendly laws passed. The Koch brothers spent tens of millions of dollars to get the tax law passed and continue to build support for it. The changes are expected to save the brothers and their company more than $1 billion a year in taxes. Koch wrote his op-ed article because he didn’t get his way this time. He’s opposed to the aluminum and steel tariffs Donald Trump announced Thursday. He believes free trade, without such tariffs, creates the healthiest economy and the “most tolerant” society. Also Charles Koch: “When large companies can pressure politicians to force everyday Americans to fork over unearned millions, we should all question the fairness of the system.” — Bernie Sanders (@SenSanders) March 8, 2018 Charles Koch wrote in the Washington Post today that “we should all question the fairness of the system” when companies can pressure politicians. Well, here’s how billionaires like the Kochs use their wealth to influence our political system and give themselves tax breaks: pic.twitter.com/zgJXCQaaU3 — Bernie Sanders (@SenSanders) March 8, 2018 Charles Koch plays a different track from his album “Rich Guys Own America”.