Boots & Sabers

The blogging will continue until morale improves...

Owen

Everything but tech support.
}

2004, 18 Feb 21

Wisconsin Businesses Protected From Tax on PPP Loans

Excellent.

MADISON, WIS. (AP) — Gov. Tony Evers on Thursday signed into law a bill that cuts taxes by nearly half a billion dollars for Wisconsin businesses that accepted loans to help them through the coronavirus pandemic.

 

The new law makes loans administered through the federal government’s Paycheck Protection Program tax deductible under Wisconsin’s tax code. The loans are already tax deductible under federal law but not under the state code. It’s estimated to result in a state tax cut of $450 million by the middle of 2023.

As usual, Evers is a total jag taking full credit for it and not even acknowledging the legislature’s role. It would have been easy to talk about this bipartisan effort, give some kudos, and build some bridges. But no… he just doesn’t have it in him.

}

2004, 18 February 2021

1 Comment

  1. Kevin Scheunemann

    I was going to compliment Evers on signing this…until her acted like a total jerk.

    Never enable jerks.

Submit a Comment

Pin It on Pinterest