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5 Questions Ron Johnson Needs to Answer about His Business And Family Trust Not Paying Fair Share of Taxes

Oct 25, 2022

5 Questions Ron Johnson Needs to Answer about His Business And Family Trust Not Paying Fair Share of Taxes

MADISON, Wis. — Following a new report that a trust associated with Ron Johnson and his business did not pay their fair share in state income taxes, Johnson owes Wisconsinites the answers:

  1. How many millions of dollars did you and your family save from not paying state income taxes on Pacur or your family trust fund?
  2. Did you take advantage of the expanded Gift Tax Exclusion you helped pass in the 2017 tax bill to dump more money into your trust tax-free?
  3. Did you put Pacur into the family trust and is that why you were able to take advantage of the Agricultural and Manufacturing Tax Credit?
  4. What other assets are in the trust fund?
  5. What other trust assets do you personally use?

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