Koch-Backed Group Pledges to Fight Controversial Border Tax
- AFP President Phillips says tax hurts working Americans
- Koch Industries said in December plan could be ‘devastating’
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The biggest of the grassroots groups backed by billionaire industrialists Charles and David Koch is battling a controversial plan for taxing U.S. businesses’ domestic sales and imports.
Tim Phillips, president of the group -- Americans for Prosperity -- said over the weekend at the Koch brothers’ winter seminar in Palm Springs, California, that they’re fighting hard against the tax measure. Phillips labeled it a pass-through to working Americans that will cost $1.2 trillion over the next decade.