“In 1980, David Koch ran in and funded a presidential campaign that called Social Security “The Ultimate Pyramid Scheme” and promised to abolish and replace it.” Read more.
“According to Charles Koch, the U.S. needs to get rid of the minimum wage, which he counts as a major obstacle to economic growth.” Read more.
“It causes employers to face higher taxes, too, which discourages them from hiring new employees.” Read more.
“A labyrinth of tax-exempt groups and limited-liability companies helps mask the sources of the money, much of which went to voter mobilization and television ads attacking President Obama and congressional Democrats, according to tax filings and campaign finance reports.” Read more.
“It articulated a take-no-prisoners legislative strategy that had long percolated in conservative circles: that Republicans could derail the health care overhaul if conservative lawmakers were willing to push fellow Republicans — including their cautious leaders — into cutting off financing for the entire federal government. … The billionaire Koch brothers, Charles and David, have been deeply involved with financing the overall effort. A group linked to the Kochs, Freedom Partners Chamber of Commerce, disbursed more than $200 million last year to nonprofit organizations involved in the fight.” Read more.
“National advocacy groups powered by the Koch brothers and other conservative megadonors have found a new cause ripe with political promise… [P]ush to expand school choice by offering parents tax credits or vouchers to help pay tuition at private and religious schools. Next, rally the troops to abolish the U.S. Department of Education. Then it’s on to eliminating teacher tenure.” Read more.
“The Ryan plan to eliminate traditional Medicare was described in the media as a ‘Tea Party proposal.’ But it would be more accurate to call it a ‘Koch proposal,’ an ideological scheme to realize long-standing ultra-right hopes to privatize and radically shrink a major national social program.” Read more.
8. The Kochs are against measures that would reduce the gap between the wages women and men earn for the same work.
“On a broader scale, IWF-affiliated writers have assailed the assertion that an income “gender gap” exists because of institutional misogyny. Instead, they argue that any disparity that exists between the wages earned by men and women can be accounted for by women’s demand for flexibility, fewer hours, and less travel in their careers.” Read more.
“They are known for bankrolling conservative, Libertarian and Tea Party causes and became poster boys for corporate tax reform last year when an Obama Administration official suggested Koch is organized as an S Corp. and so pays no corporate level taxes.” Read more.
UPDATE: The Kochs have issued a statement disputing the claim made by the official. The Kochs have supported the Ryan budget, which provides tax cuts for the wealthy and protects taxpayer subsidies for big businesses and oil companies.
10. The Kochs made improper payments to win contracts in Africa, India and the Middle East. And they sold millions of dollars of equipment to Iran, a state sponsor of terrorism.
“Internal company records show that Koch Industries used its foreign subsidiary to sidestep a U.S. trade ban barring American companies from selling materials to Iran. Koch-Glitsch offices in Germany and Italy continued selling to Iran until as recently as 2007, the records show.” Read more.
11. The Kochs lobbied against recognition of formaldehyde as a cancer-causing carcinogen because it might be bad for their business.
“A prominent philanthropist, cancer survivor, and American businessman, David Koch, has given millions to the cause of cancer research, while his company—Koch Industries—has lobbied against formal recognition of formaldehyde as a carcinogen, The New Yorker reported in a piece published today.” Read more.
“Charles Koch seems to have approached both business and politics with the deliberation of an engineer. ‘To bring about social change,’ he told Doherty, requires ‘a strategy’ that is ‘vertically and horizontally integrated,’ spanning ‘from idea creation to policy development to education to grassroots organizations to lobbying to litigation to political action.’ The project, he admitted, was extremely ambitious. ‘We have a radical philosophy,’ he said.” Read more.