General Discussion

workinclasszero

(28,270 posts) Sun Jan 21, 2018, 01:13 PM Jan 2018

Paul Ryan Collected $500,000 In Koch Contributions Days After House Passed Tax Law

Paul Ryan Collected $500,000 In Koch Contributions Days After House Passed Tax Law
That’s peanuts compared with what the Koch brothers will save.
By Mary Papenfuss 01/20/2018 09:23 pm ET Huffpost

Just days after the House passed its version of the federal tax law slashing corporate tax rates, House Speaker Paul Ryan collected nearly $500,000 in campaign contributions from billionaire energy mogul Charles Koch and his wife, according to a recent campaign donor report.

Koch and his brother David spent millions of dollars to get the tax law passed and are spending millions more in a public relations campaign in an attempt to boost support for the law, The Wall Street Journal reported.

Koch Industries, one of the largest private corporations in the nation, operates refineries and manufactures a variety of products. The new tax law — which slices corporate tax rates from 35 percent to 21 percent, slashes estate taxes and includes a special deduction for oil and gas investors — is expected to save the Koch brothers and their businesses billions of dollars in taxes.

“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.

https://www.huffingtonpost.com/entry/koch-paysout-to-ryan-after-taxlaw_us_5a63ce41e4b0dc592a09697c

40 replies

= new reply since forum marked as read

Highlight:

Paul Ryan Collected $500,000 In Koch Contributions Days After House Passed Tax Law (Original Post) workinclasszero Jan 2018 OP

I hope an ad is made by his opponent pointing out he is a Koch whore and his receiving the kimbutgar Jan 2018 #1

EVERY time I see that bug, I think it is on my puter screen pangaia Jan 2018 #6

I got fooled by it also and swatted my screen the first time I saw it. kimbutgar Jan 2018 #8

Of course he did. He did their bidding and was rewarded MineralMan Jan 2018 #2

But he is not running again, he said. Now we know why. dixiegrrrrl Jan 2018 #39

Lock him up! smirkymonkey Jan 2018 #3

The legal term is quid pro quo nt HopeAgain Jan 2018 #4

The Kochs have a bit more political speech then the rest of us wasupaloopa Jan 2018 #5

That is what I don't get. Initech Jan 2018 #9

pretty good bet handmade34 Jan 2018 #10

The next generation Koch kids are pretty shitty crazycatlady Jan 2018 #15

shitty don't handmade34 Jan 2018 #16

They are not fooled Jan 2018 #37

kinda reminds me of bluestarone Jan 2018 #7

K&R !!! CountAllVotes Jan 2018 #11

Randy Bryce will take advantage of this fact.... Heartstrings Jan 2018 #12

Bryce already tweeted this news. BadgerMom Jan 2018 #23

He's the real thing! Heartstrings Jan 2018 #38

Legalized bribery. He is far from alone JDC Jan 2018 #13

Well of course....the pimps are paying out to the prostitute! Docreed2003 Jan 2018 #14

An extra bowl of kibbles for the obedient lapdog. VOX Jan 2018 #17

If it looks like bribery and smells like bribery (nt) matt819 Jan 2018 #18

You can't take it with you, Kochs. C Moon Jan 2018 #19

Kochsucker. dchill Jan 2018 #20

I love how they call it "campaign contributions" mountain grammy Jan 2018 #21

Resist! Boycott Koch Industries products Fritz Walter Jan 2018 #22

Will not buy any of it. BadgerMom Jan 2018 #24

They also support PBS too and it really irritates me BigmanPigman Jan 2018 #25

Word, Bigman. BadgerMom Jan 2018 #34

That was the whole point of passing the tax law, so the GOP congress could get very wealthy. Irish_Dem Jan 2018 #26

Now We Know Ryan's Price for Selling Out Our Democracy dlk Jan 2018 #27

Because he's always looking out for his working class Congressional district. milestogo Jan 2018 #28

quid pro quo spanone Jan 2018 #29

I wish bribery in politics was illegal but instead it's just business as usual. Kablooie Jan 2018 #30

How the people in his working class district can keep electing him blows my mind! chuckstevens Jan 2018 #31

hmmmm. Imagine that yonder Jan 2018 #32

Such a good boy Ryan! You're such a good boy! Yes you are! yes you are! benld74 Jan 2018 #33

He will be able to get a new pair of gold lame knee pads now. jalan48 Jan 2018 #35

Time to contribute to Randy Bryce again eleny Jan 2018 #36

Of course. This was the point (nt) question everything Jan 2018 #40

kimbutgar

(21,192 posts)

1. I hope an ad is made by his opponent pointing out he is a Koch whore and his receiving the