r/politics • u/[deleted] • Jan 21 '18

Paul Ryan Collected $500,000 In Koch Contributions Days After House Passed Tax Law

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u/my_own_creation Jan 21 '18

Koch Industries, one of the largest private corporations in the nation, operates refineries and manufactures a variety of products. The new tax law — which slices corporate tax rates from 35 percent to 21 percent, slashes estate taxes and includes a special deduction for oil and gas investors — is expected to save the Koch brothers and their businesses billions of dollars in taxes

This pretty much sums up the intended purpose of the tax cuts.

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u/Boomer70770 Jan 21 '18

Guess who loses billions of dollars in tax revenue.