From the Blog of U.S. Senator Harry Reid —
“Documents and interviews unearthed in recent months by Brave New Foundation researchers illustrate a $28.4m Koch business that has manufactured 297 commentaries, 200 reports, 56 studies and six books distorting social security’s effectiveness and purpose.”
“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.”
“It causes employers to face higher taxes, too, which discourages them from hiring new employees.”
“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.”
“In Louisiana, the Koch brother’s Americans for Prosperity was blasted for running anti-Obamacare ads featuring paid actors to play Louisiana residents telling “their” stories about how Obamacare had harmed them.”
6. The Kochs are against measures that would reduce the gap between the wages women and men earn for the same work.
“IWF-affiliated writers have argued that the gender gap in income exists because of women’s greater demand for flexibility, fewer hours, and less travel in their careers, rather than because of sexism.”
“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.”
8. 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.”
9. 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.”
“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.”