Minnesota Chamber of Commerce continues its call for state to end PPP taxation
“Don't layer on additional challenges, burdens and restrictions in the form of new mandates and new taxes on businesses at a time when they're trying to recover,” said Doug Loon, president of the Minnesota Chamber of Commerce.
Written By: Andrew Weeks
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The Minnesota Chamber of Commerce has a message for state legislators: Do no harm to businesses that already have been impacted by the coronavirus pandemic.
“We're doing this through the lens of economic recovery with a very simple message,” said Chamber President Doug Loon.
During the meeting, held via Zoom, Loon said the Paycheck Protection Program is a boon to businesses in most states, but because of current tax code it has become a burden to some Minnesota business owners.