Liberal legislators in Virginia have proposed a tax on the Paycheck Protection Program loans.
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Hi John,
Liberal legislators in Virginia have proposed a tax on the Paycheck Protection Program loans that small businesses are receiving to help them stay afloat during the pandemic and the tyrannical lockdown mandates of their Leftist governor. These loans are forgiven if used for specific business expenses, including payroll and rent, yet some legislators in Virginia want to tax those loans in order to procure more money for the state. At a time when small business owners need them the most, liberals are turning their backs, instead taxing the very money that’s supposed to help these businesses survive.
This is a classic, yet disappointing, example of liberals failing to balance a budget and turning to tax increases to fund their over-spending rather than prioritizing fiscal responsibility and actually helping the people of their communities.
Sincerely,
Casey
Deputy Executive Director
State Government Leadership Foundation
Paid for by the State Government Leadership Foundation. Contributions to the State Government Leadership Foundation are not tax deductible as charitable contributions for federal income tax purposes. The SGLF is a non-profit corporation established under and operated in a manner consistent with section 501(c)(4) of the Internal Revenue Code.
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