All tagged ppp

Sen. Jim Perry Op-Ed: PPP - I support small businesses

NC State Senator Jim Perry (R - Lenoir, Wayne) issues an op-ed on how the State of North Carolina should handle tax liability associated with the Paycheck Protection Program (PPP). โ€œThe State of NC shouldnโ€™t think about these extraordinary events through the lens of normal operations. We shouldnโ€™t saddle business people with a surprise state tax liability just because they helped distribute federal stimulus dollars to the people of North Carolina. I worked with Senator Chuck Edwards and Senator Dave Craven to file Senate Bill 104 requiring that NC not burden small business owners who participated in the Paycheck Protection Program.โ€

BJ Murphy: I call "BS"

We often hear about the Consumer Confidence Index, which is down drastically, but what about the confidence of Small Business Owners? Weโ€™re often touted with support in political campaign ads and yet the federal government has overpromised and severely undelivered. Without Small Business Ownersโ€™ willingness to take risks, the costs to our economy could dwarf the EIDL and PPP investments.