#taxscam carceral state Corecivic corporatism google gop guillotine watch Post reits

The GOP tax plan means millions in extra profits for private prison corporations

The new GOP tax plan slashes the taxes on real estate investment trusts (REITS) by a quarter, dropping the rate from 39.6% down to 29.6% — a move that will put tens of millions of dollars in the pockets of investors in America’s notorious private prisons.