Clinton raises taxes, Koch brothers flee America
WICHITA -– Koch Industries headquarters is reporting that the notorious American businessmen, political manipulators and “philanthropists” David and Charles Koch appear to have fled the country.
A company spokesman told the New York Times that the billionaire brothers boarded twin private planes at 10.37 a.m. on Friday morning, mere minutes after President Hillary Rodham Clinton approved a new tax hike on the "Ultra-Ultra-Rich," or those in the top o.oo1 percent income bracket.
Charles and David Koch's whereabouts were not immediately known.
"It was very rushed. They took with them only their passports, their servants, and twelve cargo containers stuffed with gold bars," said the Koch Industries spokesman.
Koch Industries is the second-largest privately owned company in the United States, generating revenues of $115 billion in 2013 alone.
On Friday, Clinton abolished a whole host of tax deductions that the Koch Brothers have long exploited, including reduced rates on capital gains and yacht mortgages.
At the bill signing, Clinton said she was angered by IRS data that showed that somebody in the top 0.001 percent income bracket who enjoys an adjusted gross income of at least $62,000,000 a year pays the same effective tax rate as somebody making just $85,000 in adjusted gross income.
"It was an outrage," said Clinton at a press conference. "I was born into the lower middle class, and I've made a lot of money in my life, but wealthy people need to pay their fair share in taxes," she said.
Under Clinton's controversial new tax plan, the country’s richest 1% will pay now pay 35% in income taxes, up from an effective rate of 22.83%. Meanwhile, the richest 0.001 - who have been paying just 17.6%, will pay 40%.
“We’re just afraid, you know, that she’ll actually enforce this thing,” David Koch said in a phone interview with the New Yorker's Jane Mayer while drinking strawberry lemonade vodka on the beach at his Cayman Islands hideaway. “She’s an incredibly capable politician and we’re terrified we won’t be able to continue to break the law under her administration.”
Koch Industries plans to file for bankruptcy next week.