DANA POINT, Calif. (AP) — Billionaire industrialist and conservative political donor Charles Koch welcomed a group of roughly 450 like-minded fundraisers to one of his twice-annual conferences Saturday by challenging them to advocate for ending “corporate cronyism” – even if those policies help their businesses.
Koch, who along with brother David has long pressed for a federal government that collects fewer taxes and issues fewer regulation, said cutting back special treatment for business is the first step to ending a “two-tiered society” and encouraging “principled entrepreneurship”
“Where I believe we need to start in reforming welfare is eliminating welfare for the wealthy,” Koch said.