Some stories are too outrageous to be true, and yet they are. This is one of them, as reported by Jason Garcia on his blog “Seeking Rents.”

Koch Industries owns a major pulp mill in Taylor County, Florida, where one of five people lives in poverty. Koch recently announced that it was shutting down the mill and laying off all of its 500+ workers. At the same time, the closed mill might receive a large tax break because some of its machinery was damaged by a hurricane. This is not helpful to the workers who will be unemployed but will be a nice gift to Koch Industries, a multi-billion dollar conglomerate. Always annoying to see our tax dollars flow to needy billionaires, instead of laid-off workers.

Garcia, a journalist who exposes corporate corruption, writes:

In mid-September, just three weeks after Hurricane Idalia tore through Taylor County in North Florida, the tiny community suffered a second disaster.

The company that operates a large pulp-and-fiber mill in the area — a 69-year-old factory known locally as the “Foley mill” that has long been one of the region’s most important employers — announced that it would shut the facility down and lay off all 500-plus people who work there.

It’s a devastating blow to Taylor County, a timber-dependent community with a shrinking population of fewer than 22,000 people where one-in-five families live in poverty. A report by the University of Florida estimates the Foley mill closure will lead to the loss of approximately 2,000 jobs in total, including the truckers and loggers who supply the mill with slash pine.

And now Florida might hand a farewell tax break to the fleeing company — which is part of Koch Industries, the global conglomerate led by billionaire Republican donor Charles Koch.

The potential tax break for Koch Industries is included in a roughly $420 million hurricane aid package that Florida’s Republican-controlled state Legislature is expected to approve this week, during a four-day special session in Tallahassee.

The same tax-break legislation meant to ease the damage wrought by Hurricane Idalia showers benefits on another multi-billionaire.

Garcia writes:

The problem is that most of the timberland in this particular area is owned by one person: Billionaire investor Thomas Peterffy, one of the 100 wealthiest people in the world, according to Forbes.

It’s not much of an exaggeration to say that Peterffy owns Florida’s Big Bend. He purchased more than 500,000 acres in the region about eight years ago — an enormous tract of land that was believed the largest contiguous piece of undeveloped property in private hands east of the Mississippi River.

Property records show that Peterffy owns about 380,000 acres in Taylor County alone, through his company, Four Rivers Land & Timber. That’s more than half the land in the entire county. And virtually all of it is in timber production.

And while there’s little doubt that Peterffy’s timber lands were hit hard by Hurricane Idalia, a land baron worth an estimated $25.3 billion probably doesn’t need help from taxpayers to deal with it.

To be clear: I’m not suggesting that Florida lawmakers drew up these tax breaks specifically to help Koch Industries or Thomas Peterffy — both of whom have been big donors to DeSantis during his time as governor.

But it is reasonable to ask, as Garcia does, why tax breaks are being doled out to billionaires who don’t need the money, while there are so many people in Taylor County who do.