Johnson Calls Tax Cut for Wisconsin Families “Economic or Social Engineering”
Madison, Wis. — As Wisconsin families start receiving the Child Tax Credit (CTC) this Thursday, Ron Johnson is slamming the landmark tax cut as “economic or social engineering.” While Johnson is opposed to a tax cut that helps families, he had no concerns casting the deciding vote on the 2017 GOP tax scam that helped his personal business.
The Child Tax Credit will help nearly 1.2 million Wisconsin children, including lifting almost 50,000 kids out of poverty.
- In Wisconsin, An Estimated 1,159,000 Children, 92% Of Those Under The Age Of 18, Would Benefit From The Child Tax Credit Expansion. [Center on Budget and Policy Priorities, 3/12/21]
- An Estimated 46,000 Children In Wisconsin Would Be Lifted Over The Poverty Line. [Center on Budget and Policy Priorities, 3/12/21]
- An Estimated 368,000 Children That Did Not Qualify For The Previous Full $2,000 Tax Credit Would Now Benefit Under The American Rescue Plan. [Center on Budget and Policy Priorities, 3/12/21]