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Kindle Notes & Highlights
by
Jane Mayer
Read between
February 15 - February 27, 2020
In all, the Bush energy act contained some $6 billion in oil and gas subsidies and $9 billion in coal subsidies. The Kochs routinely cast themselves as libertarians who deplored government taxes, regulations, and subsidies, but records show they took full advantage of the special tax credits and subsidies available to the oil, ethanol, and pipeline business, among other areas of commerce in which they were engaged. In many cases, their lobbyists fought hard to protect these perks. In addition, their companies benefited from nearly $100 million in government contracts in the decade after 2000,
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Freedom fighters, as Fink labeled the donors, needed to explain to American voters that their opposition to programs for the poor did not stem from greed, and their opposition to the minimum wage wasn’t based on a desire for cheap labor. Rather, as their new talking points would portray it, unfettered free-market capitalism was simply the best path to human “well-being.”