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Absolutely I do.
by beervirus 5y ago
Absolutely I do.
- effingwewt 5y agoWhat about the PPP loans every company took and used it to pay the owners while laying off/firing their workforce, was that not a handout?
- beervirus 5y agoForgiven loans are surely also a handout, although… the whole point of how the forgiveness was structured was to prevent people from firing or laying off their workers. So I think your comment is based on a false premise.
- effingwewt 5y agoNot even close when people were opening businesses just to get them, or fluffing theur payroll to get the max. They also just had to use X% for payroll, didn't say how much to whom, so you can just imagine how that panned out. Incidentally you can look up what businesses have taken in loans.[1] [1] https://www.federalpay.org/paycheck-protection-program/ https://www.federalpay.org/paycheck-protection-program/ edit to add- a lot of business owners including my own father took the max possible even though he didn't need it one bit, as not doing so was 'leaving money on the table'