Ron Johnson Works Overtime to Enrich Himself, Not Wisconsinites
MADISON, Wis. — Ron Johnson continually looks out for himself at Wisconsinites’ expense. This week, a new report detailed how Ron Johnson took advantage of tax loopholes designed for the ultra wealthy, like himself, to not pay state income taxes on his personal business and his family’s multi-million dollar trust fund.
SenatorJohnson held out his vote on the 2017 GOP tax bill until it was changed in a way that benefitted himself and his biggest donors. That same year, Johnson paid a mere $2,105, less than what a teacher pays, despite reporting half a million dollars in income.
Read more:
- WKOW: From six-figure tax bills to $0: Why trust fund set up by Sen. Johnson no longer owes state taxes
- “State records show a trust fund started by Republican Sen. Ron Johnson hasn’t paid any Wisconsin taxes since 2016. Before then, the fund paid hundreds of thousands of dollars each year in state taxes.”
- Milwaukee Journal Sentinel: Ron Johnson says his Oshkosh firm and many others benefited from 2017 business tax cut he championed
- “‘Now, did my business benefit? Sure. Did some of my donor businesses? Sure. When you give tax relief to everybody, everybody benefits,’ Johnson said.”
- AP: Report: Johnson pushed for tax break benefitting megadonors
- “Johnson switched from an opponent of the massive Trump tax cut bill to a supporter after getting the more generous tax cuts that resulted in more than $79 million in tax savings for two of his largest donors in 2018 alone.”
- Politifact: Yes, a tax break Ron Johnson pushed for in 2017 has benefited America’s wealthiest more
- “The Democratic Party of Wisconsin claimed that the pass-through tax break Johnson advocated for in 2017 ‘overwhelmingly benefited the wealthiest, over small businesses.’ Multiple analyses show America’s millionaires and billionaires are receiving large chunks of those benefits. We rate their claim True.”
- Milwaukee Journal Sentinel: Multimillionaire U.S. Sen. Ron Johnson paid a mere $2,105 in state income taxes in 2017, despite making big bucks
- “How did a multimillionaire like Johnson, who makes $174,000 a year as a U.S. senator, pay only a couple of thousand dollars in state income taxes just a few years back? To be exact, state records say Johnson, an Oshkosh Republican, paid Wisconsin a total of $2,105 in state income taxes for 2017.”
###
