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Reblogged by jsonstein@masto.deoan.org ("Jeff Sonstein"):
carolleisa ("Carolleisa") wrote:
Billionaire #CharlesKoch who will turn 88 on Nov 1 is funneling his wealth into two secretive organizations that can continue his RW political advocacy for years. Koch structured more than $5 billion in donations to exploit a loophole to allow him to avoid paying capital gains or gift taxes. It's not surprising that Koch is familiar with the loophole — he spent hundreds of thousands of dollars lobbying to create it.
https://popular.info/p/charles-kochs-5-billion-tax-loophole?r=1elr0&utm_campaign=post&utm_medium=web