Over the past forty years, one thing about the Kochs has not changed: their willingness to spend their fortune to drive their extreme, self-serving agenda.
Whether it’s the $125 million their organization Americans for Prosperity has committed to spend in this year’s mid-term elections or the massive funds they spent on David Koch’s 1980 Libertarian campaign for Vice President, the Kochs are committed to seeing through their self-serving agenda.
In 1980, that agenda involved attacking Social Security and the minimum wage, and defending tax breaks for big oil.
The 1980 Koch-Clark campaign called Social Security “the most serious threat to the future stability of our society next to the threat of nuclear war” and called for phasing out the program, in addition to proposing to abolish ALL minimum wage laws. What’s more, the 1980 Koch-Clark ticket proposed cutting capital gains tax rates in half and eliminating the “windfall profits” tax on oil companies.
These revelations came from previously unreleased primary source documents discovered by American Bridge.Read more about the Kochs' self-serving agenda after the jump.