Tags: Trump Administration | charles koch | economy | rigged | favors | wealthy | poor

Charles Koch: American Economy 'Rigged' to Favor the Wealthy

 

By    |   Sunday, 24 April 2016 12:17 PM

The American economy and tax system are "rigged" to favor the wealthy, conservative billionaire Charles Koch said in a Sunday interview, and if he and his brother David had the control over the Republican Party their critics say they do, matters would be different.

"If I controlled the Republican Party, we would not have a two-tiered system," Koch told ABC News' Jonathan Karl in an interview aired on the "This Week" program.

"We would not have welfare for the wealthy, [and] we would not have a tax code that subsidizes the wealthy. We would get rid of all of that, so obviously I don't control anything."

Koch said that he and his brother consider changing the system their "number-one policy objective," and that's why he has not been able to back any of the GOP presidential candidates.

"I don't hear any of the Republican candidates talking about this two-tiered system and getting rid of it, so that's why we haven't supported any of them," Koch told Karl. "We haven't put a penny in any of these campaigns, pro or con."

Koch and his brother have been lobbying to repeal subsidies and exemptions from the tax code that benefit them and other of the nation's wealthy, and while he agrees with Democratic candidate Bernie Sanders that something needs done, he does not agree that more government control is needed.

Further, they believe that Republicans have blocked many spending initiatives but they've also added many tax breaks, and Koch called that 'disappointing."

"It's hard to find somebody in politics with the courage to go against what's popular and do what they believe will help people improve their lives," Koch said.

Meanwhile, the government has created a system of "control and dependency," said Koch. "Everybody is dependent, including big companies, on the government to set the rules to give them an advantage."

Koch also said during the interview that he believes Hillary Clinton could "possibly" be a better president than any of the three remaining GOP candidates, but he won't put any money into trying to stop Donald Trump's campaign. Further, he and his brother plan to sit out the fight for the nomination.

"These personal attacks and pitting one person against the other, that's the message you're sending the country," Koch told Karl. "You're role models and you're terrible role models. So now, I don't know how we could support them."

He also decried rhetoric from both Trump and Texas Sen. Ted Cruz, including Trump's call to ban Muslims and Cruz's call to carpet bomb ISIS.

"That's gotta be hyperbole, but I mean that a candidate, whether they believe it or not, would think that appeals to the American people," Koch said, calling plans to force Muslims to register "reminiscent of Nazi Germany."


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The American economy and tax system are rigged to favor the wealthy, conservative billionaire Charles Koch said in a Sunday interview, and if he and his brother David had the control over the Republican Party their critics say they do, matters would be different. If I...
charles koch, economy, rigged, favors, wealthy, poor, government, dependent
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2016-17-24
Sunday, 24 April 2016 12:17 PM
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