FOR IMMEDIATE RELEASE: Nov. 28, 2017
WATCH: Johnson Discusses Vote to Move Tax Reform Forward
WASHINGTON – U.S. Sen. Ron Johnson (R-Wis.) appeared on Fox News’ “Your World with Neil Cavuto” Tuesday to explain his reasons for taking a procedural vote to continue the tax reform process, and his concerns with the bill itself.
Excerpts from his appearance are below, and video can be found here.
“I’ve still got very serious concerns about those pass-through businesses, often times the manufacturers that are so important to small towns. We need to make sure that as we make all businesses competitive globally, we don’t leave behind those pass-through businesses [and] maintain their competitive position and balance within our economy.”
“When the President of the United States tells you that he’s going to fix your problem and he asks for your vote, I was more than willing to give it to him in [committee] here today.”
“It’s a table stakes issue. American businesses are now uncompetitive, both pass-throughs and C-corps. We have to bring down the corporate rate if we’re going to compete globally, it will spur economic growth, which is what raises wages. I am completely supportive of what we’re trying to do with C-corps. I want to make sure we don’t leave pass-through businesses behind.”