Published
October 18, 2016 - 04:15pm
U.S. Sen. Ron Johnson, R-Wis., recently visited Performance Micro Tool, a manufacturer of micro tools in Janesville, Wis. The senator said he intends to give American manufacturing a boost by easing regulatory burdens and smoothing tax rules, which are among his major campaign platforms.
Citing numbers from a panel of the U.S. Senate's Homeland Security and Governmental Affairs Committee, which he chairs, Johnson said federal regulatory costs have reached $2 trillion, or about $14,800 per American household.
“I think people need to be troubled by the fact that we have a crushing regulatory burden in America," Johnson said. "Our federal tax system is horribly complex. We need a far simpler, far more growth-oriented tax system.”
