WebSep 23, 2024 · After Johnson won election in 2010, Pacur immediately paid him “deferred compensation” of $10 million —more than the almost $9 million he had spent to fund his own campaign. The deferred compensation amount, which Johnson approved himself, effectively allowed him and his company to skirt laws limiting corporate campaign … WebApr 12, 2024 · Apr 12, 2024. Republican U.S. Sen. Ron Johnson told backers at a recent event in Wisconsin that his plastics company benefited from a key provision he pushed for in former President Donald Trump’s tax bill in 2024, addressing a line of attack being made against him during his reelection bid. Johnson made the comments in reaction to a …
Ron Johnson sold his company’s stock before the market tanked
WebJul 29, 2024 · The report suggests that Johnson is likely to have increased his wealth anywhere from 50 percent to 100 percent since he took office, a figure confirmed by the nonpartisan Center for Responsive... WebDec 8, 2024 · Pacur has proven to be lucrative for Johnson in many ways. For example, he received a $10 million payout of “deferred compensation” from Pacur almost immediately after the November 2010 election in which he was elected to the U.S. Senate. In that campaign, Johnson had given his campaign a $9 million personal “loan” to finance his run. jersey shore half marathon 2023
TPM Takes A Closer Look At Ron Johnson’s Business Success
WebNov 5, 2024 · Prior to becoming senator, he was CEO of the plastics company Pacur, LLC in Wisconsin. That business made him a millionaire. While he earns at least $174,000 per year as his senator’s salary, his net worth has grown substantially in recent years. WebOct 21, 2024 · Johnson sold his stock in his own pass-through company, Pacur, a plastics company he previously ran with is brother-in-law, on 2 March 2024, generating profits of … WebNov 4, 2016 · However, because the $10 million was actually classified by Johnson as a loan from Pacur to Ron Johnson the individual, he only had to pay .69% interest or $69,000 a year-- and those interest payments went right back to Johnson-owned Pacur. In this scenario, using the ten million number, Johnson's tax bill went from $3.5 million to zero. jersey shore general surgery