jtssrx Posted March 16, 2021 Share Posted March 16, 2021 Keep voting Democrat Quote Link to comment Share on other sites More sharing options...
racer254 Posted March 16, 2021 Share Posted March 16, 2021 Sometimes it really just sucks to be able to predict what democrats stand for. HIGHER TAXES!!! Quote Link to comment Share on other sites More sharing options...
jtssrx Posted March 16, 2021 Author Share Posted March 16, 2021 1 minute ago, racer254 said: Sometimes it really just sucks to be able to predict what democrats stand for. HIGHER TAXES!!! Higher taxes means bigger government more control of the people Quote Link to comment Share on other sites More sharing options...
Anler Posted March 16, 2021 Share Posted March 16, 2021 Doesnt name any states? Quote Link to comment Share on other sites More sharing options...
racer254 Posted March 16, 2021 Share Posted March 16, 2021 2 minutes ago, Anler said: Doesnt name any states? Seems there are some R states doing it too https://taxfoundation.org/state-tax-forgiven-ppp-loans/ Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted March 16, 2021 Gold Member Share Posted March 16, 2021 (edited) Why shouldnt they be taxed on free money? Every individual that earns there money are taxed.... goddamn right free money should be taxed! Edited March 16, 2021 by BOHICA Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted March 16, 2021 Share Posted March 16, 2021 12 minutes ago, Anler said: Doesnt name any states? They are talking about it in MN right now. Even though mn will be flush with billions of mad money from the latest covid bill scam. Was watching highlights of mn house on subject last night on pbs was rather entertaining Quote Link to comment Share on other sites More sharing options...
CFM Posted March 16, 2021 Share Posted March 16, 2021 (edited) 10 minutes ago, BOHICA said: Why shouldnt they be taxed on free money? Every individual that earns there money are taxed.... goddamn right free money should be taxed! The government told many businesses they can’t be open or fully open. Inagine that. Edited March 16, 2021 by CFM Quote Link to comment Share on other sites More sharing options...
racer254 Posted March 16, 2021 Share Posted March 16, 2021 What are banks making on PPP loans? Quote Link to comment Share on other sites More sharing options...
Mainecat Posted March 16, 2021 Share Posted March 16, 2021 It goes like this..... Fed gives you 100k for your business PPP loan that will be forgiven You pay 5% tax to the state for the 100k Bad Democrats......lmao Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted March 16, 2021 Gold Member Share Posted March 16, 2021 (edited) 3 minutes ago, CFM said: The government told many businesses they can’t be open or fully open. Inagine that. Still free money. If they made that money they would be taxed on it. Edited March 16, 2021 by BOHICA Quote Link to comment Share on other sites More sharing options...
racer254 Posted March 16, 2021 Share Posted March 16, 2021 2 minutes ago, racer254 said: What are banks making on PPP loans? Looked it up Under the program's rules, banks were promised fees on a sliding scale for processing loans in the program. They earned a 5% fee on loans under $350,000, 3% on loans between $350,000 and $2 million and 1% on loans above $2 million. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 16, 2021 Share Posted March 16, 2021 17 minutes ago, BOHICA said: Still free money. If they made that money they would be taxed on it. Businesses pay taxes on what they earn after revenue and expenses, surely you understand this. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted March 16, 2021 Gold Member Share Posted March 16, 2021 20 minutes ago, ArcticCrusher said: Businesses pay taxes on what they earn after revenue and expenses, surely you understand this. From the article: Though the PPP funds themselves were nontaxable, the IRS was attempting to tax the use of the funds on business expenses that cannot be deducted from tax returns. Quote Link to comment Share on other sites More sharing options...
ford_428cj Posted March 16, 2021 Share Posted March 16, 2021 Companies should be taxed on those if they didn't have any revenue loss. Quote Link to comment Share on other sites More sharing options...
Anler Posted March 16, 2021 Share Posted March 16, 2021 1 hour ago, Ez ryder said: They are talking about it in MN right now. Even though mn will be flush with billions of mad money from the latest covid bill scam. Was watching highlights of mn house on subject last night on pbs was rather entertaining I mean it doesn't surprise me. It's a nice opportunity for a money grab. Quote Link to comment Share on other sites More sharing options...
CFM Posted March 16, 2021 Share Posted March 16, 2021 1 hour ago, ford_428cj said: Companies should be taxed on those if they didn't have any revenue loss. This, i agree with. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted March 16, 2021 Share Posted March 16, 2021 Mu self I am fine with it . It was just mad money for most that got it . Pretty much just no payroll for a mo or 2 out of there end . I know of 2 close buds who used the money they did not have to use for payroll 1 got a new pimped out Logan the other got a Burant edition rpm so that is over 100k pumped back in to the economy lol . But imho I don't think it should be taxed as a stand alone deal . But counted as income . And just like all income tax if you have the losses to cover so be it . Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted March 16, 2021 Share Posted March 16, 2021 3 hours ago, Mainecat said: It goes like this..... Fed gives you 100k for your business PPP loan that will be forgiven You pay 5% tax to the state for the 100k Bad Democrats......lmao Your hypocrisy is laughable Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.