Tag: Taxation
PPP taxation proposal draws pushback in Senate hearing
PROVIDENCE – Rhode Island’s business community let their voices be heard in the R.I. Senate on Thursday in opposition to taxation of Paycheck Protection...
M&G Trucking: PPP tax ‘could be devastating for us’
PROVIDENCE – Melody Majkut went from a feeling of relief when her business received a federal Paycheck Protection Program loan to shock after she...
McKee committed to PPP taxation over $150K
PROVIDENCE – Gov. Daniel J. McKee's proposal to tax forgiven Paycheck Protection Program loans greater than $150,000 would generate an estimated $67.7 million in revenue...
Businesses frustrated by potential PPP taxation
PROVIDENCE - Members of the Rhode Island business community are up in arms over a state budget proposal in the House from Gov. Daniel...
Don’t assume it’s futile to tax the rich
For as long as I’ve been an economics journalist , the mainstream view among economists has been that taxing capital – corporate profits, dividends,...
