Koch network teaming up with Trump officials for tax-reform event

Koch network teaming up with Trump officials for tax-reform event
© Keren Carrion

Trump administration officials are set to make the case for tax reform at an event Monday hosted by groups in the Koch brothers' network.

Treasury Secretary Steven Mnuchin and White House Director of Legislative Affairs Marc Short are slated speak on a panel at the Newseum event, along with Freedom Partners Chamber of Commerce Executive Vice President James Davis and Americans for Prosperity President Tim Phillips.

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Freedom Partners and AFP are both backed by wealthy GOP donors Charles and David Koch.

The event will be an opportunity for the White House and the Koch network to argue the benefits of a tax-code rewrite on the heels of the White House and congressional GOP leaders on Thursday releasing principles for overhauling the tax code.

The White House and GOP leaders said in their statement that they will set aside Speaker Paul RyanPaul RyanRyan: Graham-Cassidy 'best, last chance' to repeal ObamaCare Ryan: Americans want to see Trump talking with Dem leaders Overnight Finance: CBO to release limited analysis of ObamaCare repeal bill | DOJ investigates Equifax stock sales | House weighs tougher rules for banks dealing with North Korea MORE's (R-Wis.) proposal to tax imports and exempt exports, known as border adjustment, which the Koch network had strongly opposed. The statement also called for lower tax rates for individuals and large and small businesses, which is in line with the Koch network's priorities for tax reform.

The Koch network has committed to spend millions of dollars on its efforts to champion tax reform that follows five principles: simplicity, efficiency, equitability, predictability and no new burdens on taxpayers. As part of that effort, AFP and Freedom Partners have run digital ads urging lawmakers to tax reform that follows those guidelines.

AFP is also hosting a tax-reform event on Wednesday with House Freedom Caucus Chairman Mark Meadows (R-N.C.). Additionally, the group's volunteers will be making calls this summer to urge lawmakers to back a tax-code overhaul.