#Milwaukee journal sentinel ron johnson free#

More: Where Mandela Barnes, Ron Johnson stand on abortion, inflation, crime More: Mandela Barnes, Ron Johnson make it personal as attacks grow sharper in hotly contested U.S. On a number of occasions, the Wisconsin Republican has complained that he has only doubled his wealth since taking office in 2011, arguing that he could have made much more had he not taken all of his 'marketable securities' and placed them in cash. Johnson wasn't required to list his annual $174,000 Senate salary. In May, Johnson and his wife listed assets worth between $16.55 million and $78.3 million, about the same as the previous year. The firm is not listed on Johnson's financial disclosure form, meaning neither he nor his wife could have received more than $200 a year in income from the company. Records for at least three of JFT Investments' properties, including one deed, listed Ron and Jane Johnson's Oshkosh home as the mailing address for the company. The two managers were listed as Johnson's son, Benjamin, and Jane Johnson, who signed the paperwork for both companies. The two Johnson family companies that own the most properties are JFT Investments and Atlas Capital RE.īoth were described as corporations that 'acquire, own, manage, lease, develop or sell real estate' in documents filed with DFI in March. Senate financial disclosure form, Johnson said he receives between $100,000 and $1 million annually in rent on the property valued from $5 million to $25 million. Johnson and his wife also have an LLC that owns the building and property for Pacur LLC, the Oshkosh plastics firm he sold in 2020. The Johnson family's real estate investments include two waterfront homes with sweeping views worth a combined $3 million on the picturesque San Juan Islands in the state of Washington four condominiums near a ski resort in Park City, Utah three Florida houses worth a total of $4 million a $1.5 million Washington, D.C., townhouse on Constitution Avenue and two Fish Creek condominiums in Door County. Those LLCs and the family trust own about two dozen properties around the nation with assessed values of $21 million, according to a Milwaukee Journal Sentinel review of property records and other documents. Many of the companies also list Johnson's wife, Jane, as a manager. Records show that Johnson's three adult children are the beneficiaries of a family trust and are listed as managers of about 10 companies registered with the state Department of Financial Institutions. Companies structured this way, often small, family-owned businesses, are not subject to corporate income tax. The provision gave a huge tax cut to companies called 'pass-throughs' - limited liability companies and other firms that pass all their income onto the owners or investors. What he didn't say was how much it could be benefiting members of his family. Ron Johnson has acknowledged that a major provision he fought to insert into former President Donald Trump's signature 2017 tax bill helped his old plastics firm and many others financially.

#Milwaukee journal sentinel ron johnson free#

16, 2023, to make it free for all readers.