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Ron Johnson: “It costs 2 to $300 billion just to comply with [the] tax…”

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

U.S. Sen. Ron Johnson at the Republican National Convention

Published September 1, 2012 | Video Starts at 17:05

So there's a really large consensus on the Republican side for a pro growth tax reform of our incredibly complex tax laws. It's absurd. It costs 2 to $300 billion just to comply with [the] tax code. If we had dramatic tax reform, you could recapture that. Two to $300 billion that could be added revenue to the federal government. That would make more sense to me. (17:05–17:09)

CLAIM

Claims tax code compliance costs between $200 billion and $300 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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