Obama Economic Adviser Austan Goolsbee Told Reporters How Much Koch Brothers Paid in Taxes in 2010

Posted by on May 13, 2013 at 1:45 pm

Don’t forget, it was just low-level IRS employees involved in this mushrooming Obama scandal. Oh, by the way, this stuff is illegal.

[Austan] Goolsbee also learned how to punish the president’s political adversaries. The battle between the Koch bothers and President Obama hasn’t gotten as much coverage as that between George Soros and Republicans, but it is about as bitter. A New Yorker headline gives one side of the “The billionaire brothers who are waging a war against Obama.”71 Goolsbee entered the fray at an August 27, 2010, press briefing where he let slip that he knew that Koch Industries, a multibillion-dollar energy business run by the libertarian Koch brothers, had paid no income taxes. “[W]e have a series of entities that do not pay corporate income tax, some of which are really giant firms. You know, Koch Industries is a multibillion-dollar business,” Mr. Goolsbee told reporters during an on-the- record background briefing on corporate taxes.

Koch Industries is a privately held company and therefore their tax returns and tax payments are not normally publicly available. This recalls shades of Richard Nixon’s abuse of the Internal Revenue Service to collect information on his enemies, and there were serious questions of how Mr. Goolsbee obtained this information. At first, the White House sent Politico an email explaining that the information was publicly available and referenced testimony to the President’s Economic Recovery Advisory Board and Koch’s own website.72 But they were just dead wrong. How much taxes Koch Industries pays appears in neither place.

The Koch brothers, along with the tea party have been boegymen to the left for years now. It’s quite obvious Obama operatives had access to their tax records. But don’t forget, Obama’s outraged now that tea partiers are being targeted. Riiiight.

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