Ron Johnson said "the beauty of this scheme is if you were a low-income worker, the way you collect the taxes through withholding, the corporation will pay the tax for the shareholder, so if you're a low-income taxpayer, you'll get a refund then over that backup withholding." @ PoliticalQuotes.com

On the recordJanuary 17, 2024

the beauty of this scheme is if you were a low-income worker, the way you collect the taxes through withholding, the corporation will pay the tax for the shareholder, so if you're a low-income taxpayer, you'll get a refund then over that backup withholding.

Said by

Ron Johnson

Republican · Wisconsin

Source

congress.gov

Editor's note · Context

Discussing a tax scheme benefiting low-income workers through corporate tax payments.

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