Senator Johnson now a yes vote on tax bill
![](/images/cbslogo_gray.png?x)
-
1:48
Man charged in Prince McCree’s murder sentenced to life in...
-
1:43
Onlookers enjoy Air and Water Show practice ahead of big weekend...
-
1:26
Brewers help fight hunger at Summer Sizzle event
-
2:07
’Justice, fairness, equity’: Milwaukee County leaders celebrate...
-
2:58
CBS 58 checks out Milwaukee’s 42nd annual German Fest
-
5:21
CBS 58’s Feel Good Fridays: Lakefront fun, German Fest and...
-
2:40
Meet CBS 58’s Pet of the Week: Esther
-
2:02
Pleasant start to a busy weekend in Milwaukee
-
2:10
Armed robbery attempt ends with gunfire exchange in Wauwatosa,...
-
3:08
Drew Burgoyne tastes treats in Tosa
-
3:06
Eduardo Galvan appointed MPS interim superintendent, despite...
-
2:13
Multiple festivals expected to draw thousands to Milwaukee’s...
WASHINGTON (CBS 58) – Sen. Ron Johnson from Wisconsin announced Friday his support for the tax bill being debated in the Senate after negotiating improved treatment for pass-through entities. Pass-throughs like small businesses account for about 95 percent of all U.S. businesses, including many leading job creators in Wisconsin.
“I appreciate the Senate leadership’s willingness to work to close the gap between pass-through businesses and C corporations. There’s a lot of work to be done to reconcile the treatment of pass-throughs in the Senate and House bills, and I am glad to have received assurances I will have a seat at the table during those negotiations.”
Under the agreement, the deduction for pass-through businesses will increase from 17.4 to 23 percent, and steps will be taken to ease the transition for pass-through businesses that elect to transition to C corp status.
The Senate is expected to vote on the tax bill sometime Friday.