3 ms·
> The PPP program Rather than the forgiveable loan scheme, I would have implemented as a rebate to employer on say 5% of the payroll tax they remitted to the f
by landemva 4y ago
> The PPP program
Rather than the forgiveable loan scheme, I would have implemented as a rebate to employer on say 5% of the payroll tax they remitted to the feds. That would precisely track actual payrolls without the application hurdles.
- mjevans 4y agoThose would have to be tracked, and that also begs for kickbacks or outright hiring/retaining family/beneficiaries. There's probably a better design, but a think tank of experts given a week or two of time to explore them and bake them into a proper response would obviously be far more effective than back of the napkin replies by armchair observers on an Internet forum. Though the wisdom cherry picked from a crowd still seems to do better than government / congress; so maybe they need to be more humble and/or make an agency/think tank for problem solving that becomes legislation.