You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

Tea Party Backer David Koch Becomes Wealthiest New Yorker

HeadlineSep 24, 2010

New York Mayor Mike Bloomberg is no longer the wealthiest New Yorker according to Forbes Magazine. Tea party backer David Koch is now number one after his income soared from $16 billion to $21.5 billion in 2009. The New Yorker magazine recently revealed that David Koch and his brother Charles have quietly helped bankroll the tea party movement and dozens of other right-wing causes. The New Yorker’s Jane Mayer reported the Kochs are longtime libertarians who believe in drastically lower personal and corporate taxes, minimal social services for the needy, and much less oversight of industry — especially environmental regulation.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top