A decade-long push by Koch’s political and policy network to get more states to flatten or abolish income taxes is finally beginning to pay off, thanks to billions in federal Covid relief funds flowing to the states.
In 2021, a fleet of 27 organizations controlled by Charles Koch and other Koch Industries executives spent a combined net total of $656.8 million on political and charitable causes.
When the next big disaster unfolds due to deregulation, don’t be fooled. Republicans are deflecting blame by attacking the Biden administration as insufficiently populist, but the seeds of the East Palestine train derailment and Silicon Valley Bank bailout were sown under the Trump deregulatory regime and more broadly by the anti-government ethos of the GOP and its Big Money donors.
A recent legal decision in a case involving Johnson & Johnson (J&J) may ultimately impact the massive profits Koch Industries and its Georgia-Pacific subsidiary have been raking in while sidestepping asbestos liability claims.
Florida’s 2023 legislative session has kicked off with a pair of bills chock full of new labor regulations long sought after by anti-union activists.
Koch Industries and its funding vehicles funnel millions to groups that are decrying “woke capitalism” and attacking the investment giant BlackRock for its leading role in ESG investing. Yet that hasn’t stopped the company’s subsidiaries from partnering with BlackRock to invest in technology startups.
Koch Industries reaps the benefits of more than $38 million in local and state tax rebates, tax reductions, and grants in 2021 and 2022.
A group tied to the influential anti-abortion activist Leonard Leo gave $3 million to the Republican Attorneys General Association in the fourth quarter, making it the largest contributor to the organization in 2022.
Over the past two years, Koch Industries and its astroturf political arm, Americans for Prosperity, have spent millions lobbying Congress to kill President Biden’s agenda, with the Inflation Reduction Act and its stalled predecessor, Build Back Better, among its top targets.
The New Civil Liberties Alliance’s latest lawsuit offers up a new take on ‘do no harm.’