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David Koch on Tax Reform
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Spending $20M to popularize Trump's $1.5 trillion tax cut
The Koch brothers and their network of wealthy donors have a lot to be happy about after the first year of the Trump administration. And they plan to spend hundreds of millions of dollars to help ensure they stay happy.
The Koch network--known formally as the Seminar Network--has pledged to devote around $400 million toward politics and policy in the midterms to hold the GOP majorities in both chambers.
The sum includes $20 million that the Koch brothers plan to put behind efforts to popularize the $1.5 trillion tax cut. The network spent $20 million last year pushing the legislation.
The Kochs didn't support Trump in 2016, though they have strong ties to Vice President Mike Pence and key members of Trump's staff and Cabinet.
Source: Boston Globe on 2020 presidential hopeful, "Koch Rally"
, Jan 29, 2018
End all criminal and civil sanctions against tax evasion
- We oppose all personal and corporate income taxation, including capital gains taxes.
- We support the eventual repeal of all taxation.
- As an interim measure, all criminal and civil sanctions against tax evasion should be terminated
immediately.
- We support repeal of all law which impede the ability of any person to find employment, such as minimum wage laws.
- We support the repeal of all taxes on the income or property of private schools, whether profit or non-profit.
Source: Excerpts from 1980 Clark/Koch Libertarian Party platform
, Nov 1, 1980
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