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Ron Johnson: “We're the world's largest market here in the United States.”

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

Sen. Johnson at HSGAC PSI Subcom hearing on the tax code

Published July 30, 2015 | Video Starts at 00:19

I mean, if you're a global manufacturer and you want to take advantage of what I think we have in terms of global advantages, competitive advantages, We're the world's largest market here in the United States. Right. I came from manufacturing background. I know manufacturers want to be close to customers, so that's an enormous advantage. Plus we got abundant and relatively cheap power. (00:19–00:22)

CLAIM

Asserts that the United States is the world's largest market.

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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Ron Johnson

“For every dollar profit under US ownership, you get to keep 62 cents. Under foreign ownership you'd keep 72 cents.”
Sen. Johnson at HSGAC PSI Subcom hearing on the tax code | Uploaded July 30, 2015 | 01:18-01:27
“Plus we got abundant and relatively cheap power.”
Sen. Johnson at HSGAC PSI Subcom hearing on the tax code | Uploaded July 30, 2015 | 00:27-00:30
“If you're one of those global manufacturers, you want to come manufacture close to the world's largest customer with cheap energy.”
Sen. Johnson at HSGAC PSI Subcom hearing on the tax code | Uploaded July 30, 2015 | 00:31-00:39
“We have an uncompetitive tax code, and if US Businesses don't respond to that, they will be put out of business because they won't be able…”
Sen. Johnson at HSGAC PSI Subcom hearing on the tax code | Uploaded July 30, 2015 | 06:21-06:29
“We have such an uncompetitive regulatory environment.”
Sen. Johnson at HSGAC PSI Subcom hearing on the tax code | Uploaded July 30, 2015 | 07:20-07:24
“We have an uncompetitive tax system forcing companies, in order to survive, take over that corporate ownership, and then we lose it all.”
Sen. Johnson at HSGAC PSI Subcom hearing on the tax code | Uploaded July 30, 2015 | 07:31-07:40