Ron Johnson: “We need to simplify [the tax code].”

“You know, so many of these entities, for example, universities, pretty easy for them to not make a profit. So what values that tax exempt status have? So, again, that's part of the complication of our tax code. We need to simplify [the tax code]. it. And that's certainly what I'm trying to do, certainly, with this reconciliation bill. Right.” (08:13–08:15)

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