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Phelan M. Ebenhack / AP

The political network helmed by billionaire brothers Charles and David Koch is about to embark on a multimillion-dollar campaign for comprehensive tax reform.

  • What to expect: Digital ads, grassroots organizing and likely a TV advertising campaign to rally the American public behind the need for a radical overhaul of the tax code.
  • The two groups leading the charge: the Kochs' grassroots army, Americans For Prosperity, and their political outfit Freedom Partners.
  • Where it fits with Trump: The Kochs, who did not support Trump's run for president, are now trying to help him, at least as far as tax reform is concerned. Koch network spokesman James Davis tells me the campaign will echo the tax reform principles that Trump released recently with his one page plan.

Quote from James Davis, Executive Vice President of Freedom Partners:

"We have a tremendous opportunity to unite behind a positive vision to pass comprehensive tax reform that will help people improve their lives, and un-rig the U.S. economy. But we need to start making the case to the American people now to successful."

Highlights of the Koch network plan:

1. "Simplicity":

"Reduce the number of income brackets." "Eliminate special interest tax credits and deductions for businesses and individuals." "Stop the cycle of tax extenders and annual changes to the tax code." "Simplify taxes on investment." "Eliminate the Alternative Minimum Tax." 2. "Efficiency": "Eliminate special interest tax credits and deductions for businesses and individuals.""Eliminate death and gift taxes.""Reduce tax rates on businesses.""Reduce tax rates on investment income to reduce double taxation."3. "Equitability":"Eliminate special interest tax credits and deductions for businesses and individuals."4. "Predictability": "End the cycle of tax extenders and quick-fix patches to the code.""Adopt a territorial system where U.S. companies are only taxed on the income they earn here in the U.S."5. "No burden on taxpayers":"Government has a spending problem, not a revenue problem. Tax reform can and must be done without saddling new taxes on American consumers, whether in the form of a BAT, VAT, carbon tax, or other tax increase."

Go deeper

Mike Allen, author of AM
1 hour ago - Politics & Policy

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President-elect Biden has ordered up a shock-and-awe campaign for his first days in office to signal, as dramatically as possible, the radical shift coming to America and global affairs, his advisers tell us. 

The plan, Part 1 ... Biden, as detailed in a "First Ten Days" memo from incoming chief of staff Ron Klain, plans to unleash executive orders, federal powers and speeches to shift to a stark, national plan for "100 million shots" in three months.

Off the Rails

Episode 2: Barbarians at the Oval

Photo illustration: Sarah Grillo/Axios. Photo: Jim Watson/AFP/Getty Images

Beginning on election night 2020 and continuing through his final days in office, Donald Trump unraveled and dragged America with him, to the point that his followers sacked the U.S. Capitol with two weeks left in his term. This Axios series takes you inside the collapse of a president.

Episode 2: Trump stops buying what his professional staff are telling him, and increasingly turns to radical voices telling him what he wants to hear. Read episode 1.

President Trump plunked down in an armchair in the White House residence, still dressed from his golf game — navy fleece, black pants, white MAGA cap. It was Saturday, Nov. 7. The networks had just called the election for Joe Biden.

Fringe right plots new attacks out of sight

Illustration: Aïda Amer/Axios

Domestic extremists are using obscure and private corners of the internet to plot new attacks ahead of Inauguration Day. Their plans are also hidden in plain sight, buried in podcasts and online video platforms.

Why it matters: Because law enforcement was caught flat-footed during last week's Capitol siege, researchers and intelligence agencies are paying more attention to online threats that could turn into real-world violence.