PPP tax compromises still not a done deal at statehouse
The Legislature is still trying to find a compromise to avoid taxing thousands of businesses for the benefit they got under the federal Paycheck Protection Program. Author: Don Carrigan Updated: 2:44 PM EST March 6, 2021
AUGUSTA, Maine Three weeks after the Mills Administration announced a plan to tax thousands of Maine businesses for part of their PPP loan money, businesses are still waiting for a final decision, while lawmakers are still at odds over what that decision should be.
On Tuesday, Governor Mills came out with a compromise that would leave 99 percent of the businesses the received PPP loans paying no tax on that money. The plan would basically exempt businesses that received less than a million dollars in PPP loan funds from paying state income tax. Congress already made those funds off-limits from federal income taxes.
Assistant Minority Leader and ACT Teachers Rep. France Castro on Friday, February 12 urged the Duterte administration to heed the people's call for medical solutions to combat the novel coronavirus disease (COVID-19) pandemic, stressing that a military approach to the problem will never succeed.
NEW ULM A number of state lawmakers met with Kyle Marti and Alliance of Minnesota Craft Breweries members at Schell’s brewery Friday to talk about the nee
NEW ULM A number of state lawmakers met with Kyle Marti and Alliance of Minnesota Craft Breweries members at Schell’s brewery Friday to talk about the nee
Iowa school funding is based in part on student enrollment levels. This year, enrollment dropped by about 6,000 students, according to the Iowa Department of Ed.