Las Vegas Review-Journal

Kochs to spend $20 million to promote tax legislatio­n

- By Steve Peoples The Associated Press

INDIAN WELLS, Calif. — The political network backed by conservati­ve industrial­ists Charles and David Koch plans to spend $20 million to promote the tax overhaul recently signed into law by President Donald Trump.

The investment marks an early focus of the Koch brothers’ 2018 political strategy. It comes as the conservati­ve billionair­es work to expand their sweeping efforts to promote a “free society” in America.

Charles Koch and his chief lieutenant­s previewed their strategy on Saturday, the first day of a three-day private donor retreat at a luxury resort in the California desert.

At an evening welcome reception, Koch called on his biggest donors to “increase the scale and effectiven­ess of this network by an order of magnitude — by another 10 fold.”

“If we can do that,” he said, “I’m convinced we can change the directory of this country.”

In addition to roughly 550 donors in attendance — each pledged an annual donation to the network of at least $100,000 — the guest list featured a slate of Republican elected officials: Arizona Gov. Doug Ducey, Kentucky Gov. Matt Bevin, Sens. John Cornyn of Texas, Thom Tillis of North Carolina and Todd Young of Indiana, and House Freedom Caucus chairman Rep. Mark Meadows, R-N.C.

Despite Koch’s optimism, there was concern about the midterm elections. Historical trends suggest that GOP majorities in the House and Senate could be in jeopardy, said Tim Phillips, who leads the network’s political arm, Americans For Prosperity.

“The left is energized,” Phillips said, noting that the party that holds the White House typically loses congressio­nal seats in its first midterm election. “You’re going against the tide. You’re going against history.”

Newspapers in English

Newspapers from United States