- Jul 27, 2010
- Reaction score
- Political Leaning
Do you trust what Charles Koch is saying, or do you think he is just saying it to appeal to the populist elements? I personally have a hard time trusting his intention in saying this.
[h=2]Republican billionaire mega-donor Charles Koch and Democratic Socialist Bernie Sanders may agree on one thing: The U.S. economic system - especially the tax code - is "rigged" in favor of the wealthy.[/h]"This two-tiered society creates welfare for the wealthy ... and creates obstacles to opportunities for the disadvantaged," said Koch on Sunday in an interview on ABC's "This Week with George Stephanopoulos."
In elaborating, he focused on inequities in the tax code.
If it were up to him, Koch said, "we would not have a two-tiered system. We would not have a tax code that subsidizes the wealthy. We would get rid of all of that."
And specifically he focused on corporate taxes.
"We have this corporate welfare that benefits established companies and makes it very difficult for somebody to get started," said Koch, who noted that his company - Koch Industries - is among those benefiting from the current tax code.
Koch said he favors getting rid of all tax breaks. None of the Republican presidential candidates are talking about that, he noted. "So that's why we haven't supported any of them."