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re: The Payroll Protection Plan shows the ineptness of Govt. and the fleecing of taxpayers

Posted on 4/23/20 at 5:03 pm to
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 4/23/20 at 5:03 pm to
quote:

I know many small businesses even some who have had a reduction in revenue and have furloughed people will take this money and divert the payroll money from their current employees and do capital expenditures to better their business, for free with my tax dollars.


Then they will have to pay it back with interest


quote:

That’s called fraud.



no it's not....it's called a loan
Posted by medtiger
Member since Sep 2003
21682 posts
Posted on 4/23/20 at 8:21 pm to
quote:

Then they will have to pay it back with interest


1% over 2 years. Whoopdee shite. Anyone competent could make 3-4% on that money and come out way ahead.
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