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Wisconsin Sen. Ron Johnson “absolutely voting for” GOP tax bill
He was a no vote on Donald Trump’s tax plan. Now, however, Wisconsin Sen. Ron Johnson is a solid yes.
The Republican says he’s all in on a tax cut plan in Washington.
“In the end, I’m going to be absolutely voting for this,” Johnson said. “Happy to do so but then also recognizing that it doesn’t fix all our problems. Completely monitor it and try and address those problems moving forward.”
Johnson said the plan has the necessary tax cut ingredients for economic growth.
“If you’re going to make American businesses competitive, you’re going to have to reduce the top corporate rate and the top indivdiaul rate,” Johnson said.
Johnson says he’s not worried about projected deficits under the plan. Economic growth in the U.S. from the cuts, he claims, will more than offset those.
“So economic growth is the way you close the deficits, the way you gather and get more revenue to the federal governemnt,” Johnson said.
Most middle class taxpayers are expected to receive some sort of tax cut under the bill. Though those cuts may turn into higher tax bills when the cuts expire in several years.
A final senate vote on the bill is early expected this week.