(April 11, 2014 at 11:49 pm)Minimalist Wrote: Actually, he's wrong. Libertarians are as much into making crooked rich fucks richer as republicunts.
If you said the democunts were as much into making crooked rich fucks richer...I would agree with you.
Libertarians, like the Koch brothers, want to get rid of subsidies from which they benefit.
A huff post article
Quote:"Koch Industries has opposed federal mandates and subsidies for decades," the letter to Coburn, written by the Kochs' lobbyist, reads. "Our aim is to create a free market where consumers decide winners and losers based on which products they decide to buy, instead of government picking winners and losers based on which friends or products it chooses to subsidize. One such government intervention is the tax credit that provides about $6 billion each year to blenders of ethanol."
"We hold this position despite the fact that we benefit from these tax credits," the letter points out.
Koch Industries will, however, continue to exploit the credits, if they aren't repealed.
"We oppose ethanol subsidies because they distort economic signals about price and demand and create inefficiencies that divert resources from productive activities to politically favored ones. We have also opposed subsidies for natural gas vehicles and other biofuels for these same reasons," the Koch letter reads. "Still, our company now produces and blends ethanol, because while we would prefer that there be no government mandates or subsidies, once such laws are in place we will comply with them. We will not place our company or our employees at a competitive disadvantage in the mixed-market economy in which we compete."