Search Results: tax dollars

Paul Ryan Collected $500,000 In Koch Contributions right after the House Passed Tax Law.

That's peanuts compared with what the Koch brothers will save.

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.

Charles 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 reports

Koch Industries, one of the largest private corporations in the nation. 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 will save the Koch brothers and their businesses billions of dollars in taxes.