Tuesday, April 8, 2014

Kochs Took Big ACA Subsidies

Kochs Took Big ACA Subsidies

"Charles and David Koch are indirect beneficiaries of subsidies allowed under the Affordable Care Act.

Let that sink in for a moment. They've spent millions to kill it, while reaping the benefits for Koch Industries employees. When they take subsidies from the federal government, that impacts Koch Industries' bottom line. When that bottom line is impacted, their income goes up, because they own Koch Industries via a holding company that passes through the profits as personal income to shareholders."