Saturday, August 20, 2022

Some People Are ALLOWED to Steal

Surber finds another gem.

"Oregon Democratic senator Ron Wyden warned early in the pandemic that wealthy business owners could abuse the Paycheck Protection Program. Financial disclosures suggest his wife did just that."Nancy Bass Wyden, the multimillionaire owner of New York's Strand bookstore, received $2.7 million in Paycheck Protection Program loans between 2020 and 2021 and nonetheless went on to lay off 180 employees....

See, it does not specify WHOSE paycheck should be protected, so..........

...Bass Wyden told CBS News that the Strand would not rehire many of those employees and that the store would 'have to give back part of the loan due to the forgiveness rules.'

"But as of September of last year, the federal government had forgiven both loans, ProPublica reported. The Small Business Administration declined to comment and the Strand did not respond to the Washington Free Beacon's requests for comments on the loans."...

So Bass Wyden's multi-millions will be protected.

Surber's ink-stained fingers typed this:

Those 87,000 new IRS enforcers should go after Congress first. That is where the money is.

No comments: