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Charles Koch: Political System 'Rigged' But Not by Me

Charles Koch: Political System 'Rigged' But Not by MeConservative billionaire Charles Koch and Sen. Bernie Sanders may be on opposite ends of the political spectrum, but both are in agreement on one issue: the American economy is “rigged” in favor of the wealthy. Koch, author of the book “Good Profit,” acknowledges his own company, Koch Industries, has been a direct beneficiary of “corporate welfare.” But he says he and brother David Koch have lobbied — so far unsuccessfully — for the broad repeal of subsidies and exemptions carved out of the U.S. tax code, including those benefiting them.

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