TNHarley
Diamond Member
- Sep 27, 2012
- 93,431
- 55,556
- Thread starter
- #61
It says they will give them tax credits, i guess. You only posted one sentence. But irregardless, It doesnt FORCE big business to pay wages.Correct - it says the Government will pay it for them. So, it seems like your anecdotal story in the OP was the result of some Large Corporation's humongoloid fuckin' ignorance of the assistance they were Granted. Are you sure they deserve to still be Incorporated?That in no way says big companies have to pay wages for work absence because of covidThe smaller companies were not forced to pay a dime. They were given a loan to pay for the sick leave now, and a credit on their taxes to pay for the loan at tax time.No she wasnt. Companies with over 500 employees didnt have to do a damn thing. The smaller companies got forced to pay wages.Care4All was right, by the way:
All businesses: The bill establishes a fully refundable tax credit for businesses of all size that are closed or distressed to help them keep workers on the payroll. The goal is to get those employees hired back or put on paid furlough to make sure they have jobs to return to. The credit covers to 50 percent of payroll on the first $10,000 of compensation, including health benefits, for each employee.
For employers with more than 100 full-time employees, the credit is for wages paid to employees when they are not providing services because of the coronavirus. Eligible employers with 100 or fewer full-time employees could use the deduction even if they aren't closed.
That's some fucked up lakka-logic you have their.
And as far as big businesses - that's super fuckin weird that the Cares Act literally says verbatim what you say it doesn't say: For employers with more than 100 full-time employees, the credit is for wages paid to employees when they are not providing services because of the coronavirus.
I.E. The Gov't pays for their employees' wages as part of the Cares act, so why would the bill in your OP also pay for it.
HRRRMMMMM
Another thing is really, there's a shit ton of money small businesses left on the table - that's likely caused by most small business owners having a kind of mom and pop IQ, like, they didn't even know about the money that was available to them...there's really no other excuse.
This things was really good for that initial hit. Small business owners should be linked.
The cares act isnt even the subject of this thread. totally different legislation.
You talk about me and then bring up unrelated shit to try and defend your argument lol ok its no sweat off my back.