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Author: Subject: Koch Ryan half million donation
marymary100
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[*] Post 511153 posted on 21-1-2018 at 13:37 Reply With Quote
Koch Ryan half million donation



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Just 13 days after the tax law was passed, Charles Koch and his wife, Elizabeth, donated nearly $500,000 to Ryan’s joint fundraising committee, according to a campaign finance report filed Thursday.


Five other donors, including billionaire businessmen Jeffery Hildebrand and William Parfet, each contributed $100,000 in the last quarter of 2017, according to the records.
“It looks like House Speaker Ryan is quickly being rewarded for passing this legislation that overwhelmingly benefits the Kochs and billionaires like them,” Adam Smith, spokesman for campaign finance reform nonprofit Every Voice, told the International Business Times, which first reported the Koch contributions.
The Koch donations were paid into Team Ryan, which raises money for the speaker, the National Republican Congressional Committee and a PAC run by Ryan. On the same day, Charles and Elizabeth Koch also each donated $237,000 to the NRCC.
The Koch brothers, worth an estimated $100 billion together, have become the gorillas of dark money contributions distorting American democracy since the Supreme Court’s decision in Citizens United v. FEC lifted campaign contribution restrictions. The brothers are using their massive wealth to push a political agenda that’s the “most hard-line libertarian philosophy” in America, according to Jane Mayer, author of Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right.
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LSemmens
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[*] Post 511166 posted on 22-1-2018 at 00:11 Reply With Quote


Hmmmm. Things like that should be illegal, however, that might have far wider effects.
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scholar
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[*] Post 511172 posted on 22-1-2018 at 03:02 Reply With Quote


These people who run businesses, create wealth, create jobs, employ people, and pay taxes, donate from the money they've earned toward the election of people whose pro-growth ideas are good for the United States. That's good. And remember, when tax rates that are so high as to harm businesses are lowered, the increase in economic activity can bring in more tax dollars from the lower rate. That happened as a result of the Reagan tax cuts.

George Soros donates large sums of money for liberal candidates that he believes in. The policies he favors do economic harm to the U.S. But, he is free to support whomever he wishes, too.
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