Senator Mike Braun

@SenatorBraun ↗

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Last Checked March 24, 2021

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Tue Dec 22 14:12:25 +0000 2020

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Senator Mike Braun @SenatorBraun

Restaurants & other small businesses with forgiven PPP loans shouldn't have to bear tax liability for them. @JohnCornyn and I included a measure in yesterday’s deal clarifying that small businesses can deduct expenses paid with a forgiven PPP loan from their taxes. — PolitiTweet.org

Posted Dec. 22, 2020

Preceded By

Senator Mike Braun @SenatorBraun

Our national debt is now over $27 trillion and Congress needs to get serious about our spending problem because we have a massive debt crisis. (5/5) — PolitiTweet.org

Posted Dec. 22, 2020

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Senator Mike Braun @SenatorBraun

I introduced this bill in May because the IRS treating forgivable PPP loans as taxable income was never the intention of the CARES Act - it was meant to throw small businesses a lifeline, not a liability. https://t.co/XnJLxngZCl — PolitiTweet.org

The first thing I'll do when I get back Monday is introduce a bill to protect small businesses from paying taxes on… https://t.co/mFKIfpcp0E

Posted Dec. 22, 2020