Home → Mills Administration Proposes Compromise PPP Tax Solution Providing Full State Tax Relief to Maine Small Businesses Most In Need
Mills Administration Proposes Compromise PPP Tax Solution Providing Full State Tax Relief to Maine Small Businesses Most In Need
February 9, 2021
The Mills Administration today offered a solution to the Paycheck Protection Program (PPP) tax conformity issue that would extend full state tax relief to more than 99 percent of Maine businesses that received PPP. The proposal would match the Federal government’s double benefit on the first $1 million of PPP received, an approach that would result in full tax relief for Maine’s small businesses who need it most and partial relief to those Maine businesses that received more than $1 million in PPP.
Keeping businesses open during the pandemic a necessity because people still needed many of those businesses, and those businesses needed to survive was a health risk for business owners, the employees, and the customers. How much of that risk should business owners be liable for?
In a Jan. 30 Gazette article, James Q. Lynch reported on 1st District U.S. Rep. Ashley Hinson s claim that the COVID-19 relief package currently under consideration is full of liberal policy wish list ideas like raising the minimum wage, which would be a poison pill to small businesses and the rural economy. Neither Hinson nor Lynch provided any evidence to support that oft-repeated claim, or offered an alternative remedy for low-wage workers. Just a cursory data search revealed much that contradicts Hinson s claim that higher wages would be the death knell for small businesses.
Roughly 1 2 million essential workers in Va don t have paid sick leave in a public health crisis That could soon change roanoke.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from roanoke.com Daily Mail and Mail on Sunday newspapers.
Prison and jail personnel
Guzman, who is also running for lieutenant governor, has proposed similar paid sick leave bills in the past. Last year, her proposal also passed the House, but was spiked by the more conservative Democratic caucus in the Senate.
Advocates for mandatory paid sick leave are taking a similar approach to last year, making the case that the COVID-19 pandemic has underscored the need. They’ve found allies in public health officials like Dr. Danny Avula, who’s been tapped to head Virginia’s coronavirus vaccine rollout.
At a pre-General Assembly session press conference, Avula discussed the difficult balancing act working families have to go through when determining whether they should get tested for COVID-19.