Kevin Fink: Less Taxes = More Profits
on Friday, April 10, 2015Kevin Fink Executive Vice President, Koch Industries asking Government to cut regulations on polluters and reduce taxes on oil & gas industry. Kevin Fink said:
“Yeah, we want to decrease regulations. Why? It’s because we can make more profit, OK? Yeah, cut government spending so we don’t have to pay so much taxes” — Kevin Fink
In this quote, Kevin Fink is candidly articulating the profit motives behind certain policy positions commonly advocated. His view seems to be that reducing regulations and government spending are primarily aimed at allowing corporations and wealthy individuals to increase profits and pay less in taxes, rather than broader economic or social justifications often publicly cited.
By acknowledging the true goals are making more money and keeping more of it, Fink’s statement serves as a reminder that not all policy stances factor in their impacts beyond financial interests. The quote conveys a cynical perspective that some regulatory and fiscal changes are principally advanced to directly benefit private wealth accumulation rather than being entirely driven by public policy rationales.