| ABC Supply owner ignites tax controversy Diane Hendricks, owner of ABC Supply Co. Hendricks is a strong financial supporter of both Walker and conservative causes. Voter backlash has resulted in a recall election for Walker next week. A spokesman for ABC Supply, company tax director Scott Bianchini, told the Journal Sentinel that Hendricks state tax obligation dropped from $2. "Now ABC is paying taxes on its own," Bianchini said. Bianchini explained that before 2010, ABC Supply was an "S" corporation, meaning the profits and the tax obligation flowed to Hendricks as the owner of the firm. Hendricks and her husband Ken, who died in 2007, built ABC Supply into one of the nation's largest suppliers of roofing, siding and exterior building products. The company paid taxes of $373,671 for the second 50 % of 2010, the records show. |
Saturday, 2 June 2012
ABC Supply owner ignites tax controversy
