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Ron Johnson: “Costs at least $400 billion to comply with [the tax code].”

Featuring: Ron Johnson, Republican | U.S. Senate, Wisconsin

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WATCH: Ron Johnson Explains To Congress 'How To Balance The Federal Budget'

Published | Video Starts at 10:07

We're hiring people to do that kind of forensic analysis. That's, that's basically another three year project. Second thing is we have to simplify and rationalize our tax code. It's simply too complex. Costs at least $400 billion to comply with [the tax code]. It's also totally irrational. Instead of treating all income the same, we arbitrarily treat it differently, hoping to create different various economic incentives. (10:07–10:11)

CLAIM

Asserts that compliance with the tax code costs at least $400 billion.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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