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Paul Ryan Collected $500,000 In Koch Contributions Days After House Passed Tax Law
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.
Just days after the
House passed its versionJust days after the
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 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.
[SUB][/SUB]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.
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. Quickly republicans are cashing in on money given to them for helping to lower the taxes of the wealthiest Americans , known as 1%'ers, After all is said and done the richest people in America will pocket the lions share of what trump said would be for the middle class.
[SUB][/SUB]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. Quickly republicans are cashing in on money given to them for helping to lower the taxes of the wealthiest Americans , known as 1%'ers, After all is said and done the richest people in America will pocket the lions share of what trump said would be for the middle class.