Koch decries ‘corporate welfare’ at GOP retreat but his firm gets millions in federal subsidies

Billionaire Charles Koch told a gathering of conservative donors Saturday that politicians must end taxpayer-funded subsidies and preferential treatment for corporations. That message, though, came from an industrialist whose company and corporate subsidiaries have raked in tens of millions of dollars worth of such largesse.

in the last 15 years, Koch’s firm Koch Industries and its subsidiaries have secured government subsidies worth more than $166 million, according to data compiled by the watchdog group Good Jobs First. The group says since 1990, Koch-owned properties have received more 191 separate subsidies worth a total of $195 million.

http://www.rawstory.com/2015/08/david-koch-decries-corporate-welfare-at-weekend-republican-retreat-but-his-firm-gets-millions-in-federal-subsidies/

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.