Tag: GOP tax cut

Do We Care about the National Debt?

debt_as_a_doornail
Yup, that’s a lot of debt. (Photo Credit: Justin Sullivan/Getty Images)

Alongside the immigration issue, the topic of the GOP tax overhaul is likely to be a prevailing theme leading up to the 2018 midterm elections in November. Republican candidates will be looking to tout its successes, and possibly the Trump White House’s political and economic agenda. Democrats will be looking to hammer their Republican counterparts over the idea the tax cut is intended to primarily benefit the wealthiest of the wealthiest Americans, not to mention corporations, which—and this seemingly can’t be stressed enough—are not people. In both cases, talk about our skyrocketing national debt will apparently be sparing as far as the national consciousness is concerned.

Before we get too ahead of ourselves, let’s talk about the more immediate tangible benefits that American families might experience, and in doing so, not be as dismissive as some Democratic leaders might be. Numerous companies have cited the GOP tax cut as the impetus for bonuses allotted for their employees, and one-time giveaways aside, many workers may have noticed appreciable increases in their take-home pay related to the tax law changes. Even when accounting for context, however, the public comments made by key Democrats don’t seem to assuage the contention coming from conservative circles that the Democratic Party is out of touch with the rank-and-file of the country. Nancy Pelosi, in particular, has been assailed for likening the $1,000 bonuses some people have received to “crumbs” relative to the gains wealthy individuals and large businesses will expect to receive as a result of this policy shift. My girl Debbie Wasserman Schultz (sarcasm intended) also caught flak for her comments as the same event that she wasn’t sure $1,000 goes far for almost anyone. Maybe, ahem, not to the likes of the Democratic National Committee, Rep. Wasserman Schultz, but $1,000 isn’t exactly chump change.

So, yeah, the positive aspects of the tax cut are not something to merely brush aside with a wave of the hand. Like crumbs. Or “deplorables,” recalling Hillary Clinton’s epic-fail gaffe. That said, if and how these bonuses apply for the average worker in the short term, and some real global economic concerns over the long term, serve to place the boasts of Donald Trump and Republican Party congressional leadership in a bit of a different light. According to a report by David Goldman and Jeanne Sahadi for CNN and citing a recent survey by Morgan Stanley analysts, only 13% of businesses’ tax cuts will go to bonuses, employee benefits, and pay raises, while 43% of the cuts will go to investors in the form of dividends and stock buybacks, which undoubtedly will involve some executives who are compensated in terms of stock incentives. That’s not nothing, but it’s also not to say that the American worker is a priority in this respect. The CNN report also cites statistics indicating that while companies have announced tax-cut-related bonuses and raises affecting some 3.5 million U.S. workers, that’s less than 3% of the 125.5 million U.S. workers in the employ of a company. Again, not nothing, but it imaginably might seem more like winning the lottery to those who don’t receive such rewards. And God forbid if you are underemployed, unemployed, or “work in the home” and don’t receive a traditional wage.

The obvious rebuttal to this criticism is that the tax cut was just recently put into effect, so it will take time for the economy to grow in proportion to its benefits, and for businesses to hire more and invest within the United States. Based on the way the law was written, however, there are plenty of red flags to be had. The Tax Cuts and Jobs Act of 2017 paves the way for permanent tax cuts for corporations, but on the individual taxation side of things, the modified rates are set to sunset by 2026. This means an extension of the Act’s provisions will need to be ratified by then, and seeing as Congress can’t seem to agree on anything these days except throwing ungodly sums of money at the military, this seems all but certain. In other words, the benefits of the tax cut—if they are to be enjoyed by as many members of the general public as the White House avers they will—are temporary, much like the one-time bonuses that companies are awarding to their employees.

And then there is the matter of our ever-escalating national debt. Annie Lowrey, writing for The Atlantic, probes the intersection of U.S. deficit spending with the GOP tax cut in relation to conservative Republican ideologies. In the onset, Lowrey speaks to the seeming strangeness of Donald Trump to make America’s debt a glaring omission from his State of the Union speech. She writes:

ISIS, tax cuts, public trust. Race, immigration, the Empire State Building. Civil-service reform, North Korea, manufacturing. President Donald Trump’s State of the Union speech addressed a broad sweep of issues. But one central economic topic went notably missing: the country’s growing annual deficits and its increasing burden of debt. The omission was a sign of the remarkable volte-face the Republican Party has taken on the country’s fiscal situation in just a few years. Republicans spent the early years of the recovery obsessed with the national debt, castigating Democrats for their supposed irresponsibility, warning about the dangers of the almighty bond market, and helping to construct complicated mechanisms to slash federal outlays. They are now spending what might very well be the late years of the recovery ignoring it, having passed a tax plan that will add more to the debt than President Obama’s stimulus package did and having forgotten their once-urgent plans to make cuts to Social Security and Medicare.

While this trend may prompt deficit hawks like Rand Paul to sob gently to themselves, Lowrey seeks not to be abjectly critical of Republicans in this regard, but rather to underscore just how much of a 180 this position is from the Tea Party fever which ushered so many Republicans into office and paved the way for a decade of legislative defeats for the Democratic Party. While Trump is not your average Republican and all politicians are liable to break their campaign promises—Trump, despite not being a lifelong politician, is a salesman and pathological liar, so somehow even more liable to do so—even he ran on a campaign of reducing our annual deficits and balancing the budget. If there is criticism to be leveled on Lowrey’s part, it is more so on the side of the Republicans’ past obsession with spending that sent the federal government into shutdown mode at least once and gave GOP members of Congress ample opportunity to rail against the Obama administration’s supposed largesse.

Now with Donald Trump as President and Commander-in-Chief on top of Republican control of both the House of Representatives and the Senate, the shoe is on the other foot, and with the change has come the aforementioned commensurate reversal on the topic of deficit spending. While a minority of American workers are presently receiving one-time gains or improvements to the benefits they receive from their employers, as a result of the Tax Cuts and Jobs Act, according to figures from the Congressional Budget Office and the Joint Committee on Taxation cited by Annie Lowrey in the article, the tax cut would add $1.8 trillion to the national debt over the 2018 to 2027 span. Not million. Not billion. Trillion. While the magnitude of the addition to the debt might be vaguely surprising, though, the mechanism should not. By effecting a tax cut, it’s a direct drain on revenue paid directly to the government. At the same time, meanwhile, Republicans have more recently shied away from the entitlement reform and domestic program cuts that have previously been a rallying cry for the party, and have further turned the dial up on this trend with calls for more military spending. Mentions of deficits and debt during congressional proceedings, too, have largely decreased since peaking in 2011, and the Trump administration, ever the depiction of tumult, is even more loath to broach the subject, and when it does, as Lowrey notes, its officials do so “with little sense of outrage or concern.”

Is this attitudinal change with respect to the national debt indicative of a seemingly inherent hypocrisy in major-party politics—i.e. when we’re in office/the majority, the same rules need not apply—or simply reflective of a sea change regarding how all of us have come to regard deficit spending? To be honest, it’s probably a little from Column A and a little from Column B. As one Obama-era economic adviser quoted in Lowrey’s piece believes, Republicans’ prior importance placed upon the debt was merely a tactic to garner short-term political capital. To boot, retrospective thinking from experts on the trouble the United States might face in relation to its debt suggests worries based on European credit crises like the one notably faced by Greece may have been overstated, not to mention concerns about how deeply the American public is invested in this topic.

On the latter count, and citing a study by the Pew Research Center, Lowrey notes that whereas 72% of respondents named reducing federal deficits a top priority in 2013, today, fewer than half of those surveyed do. That the U.S. economy is performing well overall at the moment is an important factor herein, but also playing a role is growing attention other political and social issues, namely drug addiction/the opioid crisis, the environment, and improving the nation’s infrastructure and transportation. From our perspective, then, it may not be a case so much of not caring about economic issues like the national debt as much having a lot on our plates. Besides a majority of Americans still viewing the economy as a pivotal priority, fears about terrorism and preoccupations of the state of education in the United States weigh heavily on people’s minds.

Again, though, this isn’t solely a knock on Republicans. If Democrats were in power, there is every indication they’d be running up the country’s debt and not expressing outward reservations about doing so. This is not to say that all deficit spending is inherently bad; investments made which can lead to future growth or prevent future calamity come with a cost. That said, as with personal debt—a subject with which a seemingly increasing number of Americans have become familiar—the national debt is a “drag on the economy,” as a representative of the Committee for a Responsible Federal Budget, quoted in Lowrey’s piece, highlights. Meanwhile, even if GOP leaders have temporarily put aside talk of dismantling core components of the U.S. social safety net, this is not to say that these programs do not need improving. With next year’s annual budget deficit set to top $1 trillion and concern for the sustainability of this arrangement seemingly on the decline, if what Annie Lowrey and other observers say is true, things are likely to get worse before they get better on the debt front. Just how bad, and whether or not a bursting of this bubble might produce a credit catastrophe, unfortunately remains to be seen.

Now that the Tax Cuts and Jobs Act has been signed into law and we have ample time to actually stop and think and wax philosophical about it, the Republican Party’s strategy is not altogether unsound from the perspective of manipulating public opinion. By the time the individual provisions of the tax cut are to sunset, we’ll be at least two more presidential election cycles down the road. Thus, the GOP can likely reap the rewards of the short-term political gains they’ve helped foster presently, and by the time Donald Trump is out of office (hopefully long before 2024, but these days, given the political atmosphere, I don’t like to get my hopes up) and Democrats have gained a majority in one or more wings of Congress or control the White House, they can defray any ill will they might have incurred related to the tax cut by pointing to the disastrous economic and social policies of the liberal left. In a 24-hour news cycle where viewers are already primed to quickly forget what just happened, it’s a fair bet that many of us will forget who the architects of this concession to corporate executives and wealthy benefactors even were.

This, to those of us insistent on documenting this chapter in American history, is rather obviously a long con. And I do mean con. In effect, it’s part of an even longer-term confidence trick that conservatives and neo-liberals have been imposing on the American public. Though officially titled the Tax Cuts and Jobs Act of 2017, the GOP tax cut is dyed-in-the-wool trickle-down economic theory. The primary beneficiaries of its amendments to tax law are corporations and business owners, under the idea that fewer taxes paid means more money to be invested in creating jobs and improving conditions for workers. The reality is that numerous corporations, financial experts and firms making use of the carried interest loophole, and pass-through entities have been taking advantage of favorable aspects of the tax code for years, and that the insistence from critics on the right that regulation and taxation is killing American industry tends to be overstated. There are a number of complex factors that go into why businesses succeed or fail, including changing social norms and advances in computer/automated technology, but consumer demand and discretionary spending are a crucial part of this mix. As for the employment side of the equation specifically, if firms are offering bonuses and other incentives to their workers, it is most likely not a sign of their generosity, but rather a competitive strategic move. In a tight job market, when companies like Walmart are raising wages, it’s an indication they’re doing so because they feel they have to survive.

Moreover, with the lowering of the top individual tax rate and the permanent slashing of the top corporate rate, the Tax Cuts and Jobs Act, given its signaled priorities, is very clearly class warfare. The GOP tax cut, ostensibly a boon for the middle class, working class, retired Americans, and the poor, is visibly skewed toward the most profitable companies and wealthiest individuals, and with caps on deductions for state and local taxes and property taxes, as well as the elimination of the personal exemption, the emphasis is not only on limiting the ability of the rank-and-file to alleviate their tax burdens, but to punish states like California, Connecticut, New Jersey, and New York—states that all went blue in the 2016 election, it should be noted—that feature higher-than-average tax rates and were more liable to take advantage of superior SALT deduction policies. As alluded to before, too, Republicans’ success in passing tax “reform” legislation greases the wheels of attempts at entitlement “reform.” Which essentially means cuts to programs like Social Security, Medicare, and Medicaid, because all that lost tax revenue is going to have to be made up somewhere else, and in all probability, it will not be coming from the untold sums stashed by the wealthy in offshore banking accounts and other tax havens.

The national debt is a real concern. However, it’s not a politically sexy topic right now, and with the stock market seeing record highs (when it’s not seeing dips related to fears about rising interest rates), it is seemingly of less interest to many of us as well. As yearly deficits continue to mount, and as questions of sustainability persist, it begs the question: how much longer can we continue to ignore that $20+ trillion elephant in the room?

The Koch Brothers Are “All In” for 2018

David Koch
In a movie about the Koch Brothers, David Koch would be played Sir Michael Caine. (Photo Credit: AP Photo/Phelan M. Ebenhack)

Money in politics. Whether you’re a concerned citizen on the right or left, a majority of Americans seems to agree that the influence of moneyed interests on the workings of Congress and on the determination of elections up and down the card is a problem in this country. Perhaps most egregious—though that could just be the nefarious nomenclature talking—is so-called “dark money,” or money spent by politically active nonprofits that, owing to their structure, do not have to disclose the sources of their funds, and thus can essentially receive unlimited amounts from corporate, individual, or union benefactors. As a brief primer on dark money on opensecrets.org explains, in theory, the extent of these nonprofits’ political activities is supposed to be proscribed, but the IRS, whether because it has been hampered by cuts to its funding or because it hasn’t made enforcement a priority, has done little to enforce any limits. Accordingly, spending by these groups has been on the rise in recent election cycles. The amounts are not insignificant either—we’re talking tens of millions, if not hundreds of millions, of dollars in all. Dark money, ahem, casts a long shadow on American politics.

It is with this backdrop in place that we delve into recent reports that Americans for Prosperity, a political network backed by the Koch Brothers, is planning to spend upwards of $400 million in 2018 alone to help try to advance conservative policies. As Kathryn Watson reports for CBS News, “friends” of the network are optimistic about the prospects of conservative candidates in the 2018 midterms after what they deem to be successes in reforms at the Department of Veterans Affairs concerning loosened restrictions on the ability of veterans to seek health care outside the sphere of government, as well as the more recent tax cut authored by Republican leaders, not to mention the addition of conservative Neil Gorsuch to the Supreme Court. Watson underscores the notion that these fundraising efforts are to be made with anticipated difficulties come November. For one, history dictates that the party in the White House doesn’t tend to do well in midterm elections. In addition, polling cited in Watson’s piece has Democrats beating Republicans by an average of about eight percentage points. And then there’s recent Democratic Party successes in Alabama, New Jersey, and Virginia. And then there’s the ever-popular Donald Trump (sarcasm intended).

And yet, spend these Koch Brothers-affiliated political organizations will, including some $20 million on trying to sell the public on the idea that the tax cut passed in late December of last year isn’t, you know, a flaming pile of horse manure. Plus, while the Koch Brothers did not personally spend anything on the 2016 presidential election—maybe because they were as disappointed in the final list of candidates as many of us were, though I could just be projecting—as Watson also indicates, they have apparently warmed to the idea of working with the Trump administration, and “want to protect what they consider significant accomplishments in the administration, and work to further them.” For the record, I wasn’t aware the Trump administration had any significant achievements thus far, but if the Kochs and Co. can find them, more power to them.

With this news about the Koch network pushing its proverbial chips to the center of the table to protect Republican interests (and majorities), it’s not long before the Democrats really start sounding the alarm on the need to counteract the planned record spending on the 2018 midterms. Of course, this means that the Dems will be doing so with one hand on the crank to the air-raid siren and the other pointing directly at your wallet or purse. Not-for-profit organizations, political or not, need to solicit money to operate—this is an unavoidable truth of our world. At the same time, though, who prospective donations will be funding—that is, how the party arrives at its eventual nominee in key races—is significant.

Going back to Kathryn Watson’s article, on the GOP side, the Koch Brothers, Americans for Prosperity, and their ilk have not specified what they’d be looking for in candidates to back, but whether erring on the side of economic or social conservatism, it seems pretty safe to assume they’d be erring; the only thing mentioned within the span of the piece is that Koch Family network leaders issued a statement expressing vague support for President Trump’s path to citizenship for young immigrants, but not without concern for ending “chain migration.” “Concern” is an understatement. As the Baltimore Sun and other critics of Donald Trump’s recently-unveiled immigration plan insist, aside from the requirement of a border wall in exchange for protection for Dreamers being an absurdity, curtailing practices like chain migration and the diversity visa lottery not only distorts the facts on the numbers of foreign nationals who come to the United States in this way, but risks putting the country at a serious disadvantage by communicating an inhospitable attitude toward all immigrants, and depriving the nation of needed entrepreneurship, innovation, and vitality given an aging workforce. To be sure, these arguments can be extrapolated to the immigration discussion as a whole, but here, they are particularly relevant.

What about the Democrats, though? Should they stick to their guns and ride it out with their preferred centrist strategy, banking on history, polling, and Republican retirements to reclaim electoral momentum this year? Numerous outside observers would respond in the negative, and would rather see the Dems “go left to be right.” Sophia Tesfaye, deputy politics editor for Salon, indicates as much in her own reaction piece to the recent news regarding Koch-backed plans to boost spending by some 60% relative to 2016, and relates the additional number-crunching in terms of seats in Congress that explains why Republican donors plan to invest so heavily in the 2018 midterms. Tim Phillips, president of Americans for Prosperity, for one, believes 80 seats will be competitive this fall. Meanwhile, as Tesfaye explains, Democrats only need to net 24 seats in November to reclaim a majority in the House, and with some 16 Republicans set to retire and make their vacant seats liable to flip in favor of the Dems, as identified by the Kochs—and this is before Rodney Frelinghuysen from my home state made his own announcement about retirement—this leaves little margin for error, so to speak, for GOP leadership re the midterms. Tesfaye also cites the same “generic ballot” polling which suggests a decided overall advantage for Democrats over Republicans in hypothetical matchups between the two major parties, with the former enjoying an even more decided advantage among women. Based on this, 2018 could see the same “blue wave” experienced with the 2006 midterms during George W. Bush’s tenure.

Obviously, the above presents the Democratic Party with a rare opportunity. What is less obvious, Tesfaye argues, is that it also provides the Dems with a real chance to institute the kind of reforms that Bernie Sanders et al. would argue the party needs to make if it is going to compete with the Republican Party and thrive over the long term. From the article:

It’s clearly rough out there for Republicans in the House of Representatives, but what may be less obvious is how that provides a prime opportunity for progressives who want to push Democrats to the left. While five of the first six Republicans to quit during this term did so to accept jobs in President Trump’s administration, Democrats’ attempt to regain a House majority relies on a number of high-profile Republicans’ planned retirements. Freeing the field of an incumbent advantage allows not only a chance for Democrats to compete in the general election, but also an opportunity to nominate candidates who more accurately represent the most motivated Democratic voters.

Take, for instance, the seat vacated by veteran Rep. Darrell Issa, R-Calif., in the coastal suburbs of San Diego. Democrat Doug Applegate came within 2,000 votes of unseating Congress’ wealthiest member in 2016, as Hillary Clinton won the district by more than seven points. In 2012, Mitt Romney beat Barack Obama by that same margin in the district. With Issa’s retirement, Applegate, a retired Marine colonel, is being challenged by progressive clean energy professional Mike Levin. Both Democrats are campaigning on a decidedly progressive “Medicare-for-all” platform.

In invoking the idea of primary challenges, it’s worth talking about whether primary challenges in the abstract are an important part of the political process and to selecting a congressional, presidential, or other candidate, or whether a competitive race in advance of the general election does more harm than good. Speaking of Bernie Sanders and his bid to secure the Democratic Party presidential nomination for the 2016 election, if you ask staunch Hillary Clinton supporters, Sanders not only hurt her prospects of winning the whole shebang, but did lasting damage to the Democratic Party infrastructure in holding on as long as he did. If you ask Bernie’s faithful, meanwhile, as well as any number of independent commentators, the surprisingly and robustly competitive challenge he offered made Clinton a better candidate, and did well to engage younger voters who otherwise might not have been engaged or were simply disenfranchised with the politics of the moment, especially coming down from the highs of Barack Obama and “YES WE CAN!” Sophia Tesfaye, too, evidently sees merit in holding more than mere walkovers to the general election. Continuing with the sentiments about the opportunity developing before the Dems’ eyes, she writes:

Throw out the conventional wisdom that contested primaries hurt a party’s chances in the general election (which was likely never true anyway). A competitive Democratic primary could get more people involved in the process, boosting turnout in November’s general election. Look to Virginia’s gubernatorial election in 2017 for the clearest example of how that might play out in the Democrats’ favor. Some Democrats feared that a primary challenge by progressive Tom Perriello in the Virginia race could fatally wound establishment favorite Ralph Northam, but the intra-party competition led to increased media coverage and intense voter interest. After beating Perriello in the primary, Northam went on to trounce Republican Ed Gillespie by nine points in an election most observers expected to be neck and neck.

In midterms, low voter turnout makes the size of the Republican base in many purple-to-red districts appear much larger than it actually is. Coupled with egregious gerrymandering meant to dilute the influence of the Democratic base and rampant voter suppression, midterms and other non-presidential elections have helped Republicans build what can seem an impregnable political power base.

More coverage. More interest. Bigger turnout. As Tesfaye frames this viewpoint, low turnout—whether as a result of apathy, active interference, or both—tends to benefit Republican candidates. It certainly benefited Donald Trump, who seemed to stun his own damn self by winning the 2016 election. In elections at the state level, where turnout is more likely to be subdued (“Wait, who’s running for governor again?”), anything that could help boost the profile of a candidate—particularly in a race that’s expected to be as close as Northam vs. Gillespie was—could be a difference maker. Besides, as some might argue, if a candidate can’t survive a tough primary, he or she may not be a great candidate for the general election outright.

As Tesfaye insists, however—and as I’d be keen to agree with—this moment beckons more than the Democrats simply embracing authentic primary challenges for its nominations in 2018 and beyond. It’s about the Democratic Party embracing an authentically progressive direction now and in the future. Or as she puts it, “A blue wave is coming. Electing more moderate, poll-driven, ‘blue dog’ Democrats to ride that wave would be a grave mistake.” For a party prone to repeating its mistakes, though, there is every worry they will do just that.

In an era of escalating political expenditures, the need for organized fundraising networks is a clear and present concern. At the same time, meanwhile, it distracts us or takes away from two separate conversations we could or perhaps should be having. The first is the viability of the two-party system—I myself voted neither for Donald Trump nor Hillary Clinton in 2016. As Americans become increasingly frustrated with the direction of the two major political parties, public opinion would suggest that we should be seeing more people coming out to support the Green Party, Libertarian Party, and independent voting options. And yet, owing to their dissatisfaction, the preferred option for so many eligible voters seems to be to stay home. This, to me, is a travesty, exacerbated by the notion relief from the indifference of the Democratic and Republican Parties to change seems slow in coming, as well as the idea leading and organizing a legitimate challenge to the two-party system is a tremendous effort. It’s why Bernie Sanders has thus far eschewed invitations to run as a Green Party representative or to spearhead the creation of a “People’s Party” in favor of trying to instill reform within the Democratic Party. As admirable as the cause is, it’s a long-term project, to be sure.

The second conversation that could or should be happening goes back to the idea that started this piece: money in politics. As long as not-for-profit entities are allowed to skirt restrictions on the scope of their political activities and are not required to be more transparent about where and from whom they get their donations, and as long as many politicians and government officials allow themselves to be beholden to the whims of leaders of industry and other wealthy patrons, our system as is will be little more than a mockery of the concept of a truly representative democracy. As Sophia Tesfaye alluded to in her piece, the skewing of legislative districts along demographic lines or otherwise done so for an express political advantage—Tesfaye points to Republican gerrymandering as a deleterious force but both parties have been guilty of this practice—is part of the problem, and the precedent created by the Supreme Court’s ruling in Citizens United v. FEC which allows, under the First Amendment, for-profit organizations, not-for-profit organizations, labor unions, and other associations to make independent expenditures essentially unrestricted by the government, is also a big bone of contention for liberals and conservatives alike. When someone like Sen. Sanders is able to generate more donations than someone entrenched in big-money Washington politics like Hillary Clinton in a given month, it’s both commendable and inspiring, but heretofore, it’s the outlier more than the norm, and even then, Bernie was fighting an uphill battle against the Democratic Party establishment in the primaries.

These are significant problems that the United States of America faces, and not to blame the activists that are doing great work on the behalf of so many important issues, but the fragmented nature of their efforts doesn’t seem to help counteract the way those with more money and clout are able to afford more political influence up and down party slates in our country today. Black Lives Matter, #MeToo, those who advocate on behalf of Dreamers, Native Americans, and Mother freaking Earth—all are causes related to challenging the patriarchal hegemony of moneyed, profit-seeking whites over the working class, the poor, minorities, and every intersection therein. Accordingly, the solution is a complex one, but to be sure, it involves a concerted effort on the part of the everyday Americans, including direct involvement in the political process, even from those who would appear to lack the interest in politics or don’t see themselves as the political “type.” Thus, whether you believe that “love trumps hate” or merely that true grassroots organizing and fundraising can overcome the cash that wealthy executives can throw endlessly at political races, and even in the face of despair that individuals like Donald Trump are running amok in Washington, we must act and stand together. The Koch Brothers are all in for 2018. What are you doing to do about it?