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DSCC Statement On Johnson Admitting His Company & Political Donors Benefited From Tax Law Provision He Pushed

Wisconsin voters are reading and watching a wave of news coverage highlighting how Senator Ron Johnson admitted that his company and his “prominent donors” benefitted from a key provision that he pushed for in Trump’s tax law – and how he has doubled his wealth in office.

Democratic Senatorial Campaign Committee spokesperson Amanda Sherman-Baity: “Ron Johnson just admitted what we already knew: he and his rich political donors benefited from a tax loophole he helped create. His self-serving politics have no place in the U.S. Senate which is exactly why Wisconsin voters will fire him in 2022.”

See for yourself what Wisconsin voters are reading:

WQOW ABC News: Sen. Johnson’s Company Benefited From Trump’s 2017 Tax Bill

  • “Ron Johnson told backers…that his plastics company benefited from a key provision he pushed for in former President Donald Trump’s tax bill.”
  • “The tax break Johnson championed resulted in hundreds of millions of dollars in dedications to megadonors that funded his campaign.”

WSAW CBS News: Sen. Johnson benefited from tax break

  • “Republican Senator Ron Johnson now admits he did benefit from a tax provision in former President Donald Trump’s tax bill.”
  •  “Johnson said that his company and some of his prominent donors… benefited.”

Associated Press: Johnson acknowledges his company, others benefited from law

  • Republican U.S. Sen. Ron Johnson told backers at a recent event in Wisconsin that his plastics company benefited from a key provision he pushed for in former President Donald Trump’s tax bill in 2017.
  • Johnson said that his company, Pacur LLC [and]  some of his prominent donors…benefited from the small-business tax provision.
  • “Now, did my business benefit? Sure. Did some of my donor businesses? Sure…” Johnson said.
     
  • ProPublica reported in August that the tax break Johnson championed resulted in hundreds of millions of dollars in deductions to megadonors who funded his campaigns.
  • “They said I doubled my wealth,” he said. “That’s true.”

Milwaukee Journal Sentinel: Ron Johnson says his Oshkosh firm and many others benefited from 2017 business tax cut he championed

  • Johnson acknowledged the Oshkosh-based plastics business he owned, Pacur LLC, benefited from the small-business tax provision, as did some of his prominent donors.
  • The issue may persist throughout the campaign as Democrats try to flip Johnson’s seat.
  • In August, an investigation from ProPublica found that the tax provision Johnson championed delivered millions in tax savings to key donors of his campaigns, Dick and Liz Uihlein of Pleasant Prairie-based Uline and Diane Hendricks of Beloit-based ABC Supply.

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