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re: O’Leary goes off on ‘nasty, anti-American’ tax bill: ‘Why would they do this?’

Posted on 5/13/25 at 5:40 pm to
Posted by PorkSammich
North FL
Member since Sep 2013
17614 posts
Posted on 5/13/25 at 5:40 pm to
quote:

The GOP want to lose so Trump gets impeached


Trump praises Johnson and Thune every chance he gets.
Posted by EphesianArmor
Member since Mar 2025
4839 posts
Posted on 5/13/25 at 5:43 pm to


Want my opinion of the matter?
Posted by Powerman
Member since Jan 2004
173792 posts
Posted on 5/13/25 at 5:46 pm to
quote:

I know of several people that set up LLCs just to collect COVID funds. The LLCs were never a real business just a money grab.

I don't have a problem with these types getting audited

Question is why wasn't this already done?
Posted by trinidadtiger
Member since Jun 2017
19987 posts
Posted on 5/14/25 at 2:50 am to
quote:

I don't have a problem with these types getting audited

Question is why wasn't this already done?


Probably because the people involved in the sba who set up the programs and gave out the loans......are relatives of the ones who got the loans.

They are investigating 30 billion of them right now, with many to follow, hence the verbage in the bill.

And regarding Kevins companies..........

quote:

many of the businesses Kevin O'Leary has invested in through "Shark Tank" have received COVID-19 relief loans. Specifically, 29 out of nearly 50 companies he's invested in received Paycheck Protection Program (PPP)
Posted by Kattail
Member since Aug 2020
4218 posts
Posted on 5/14/25 at 3:11 am to
The ERC was highly abused just like PPP loan program
Posted by AUJACK
Member since Sep 2020
1392 posts
Posted on 5/14/25 at 3:35 am to
IRS extended audits are bad, needs to be fixed and can be, but that is what the congress is supposed to do. Fix the shite that is broke.


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