Minnesota businesses should be scared. Your legislatures will tax Paycheck Protection Program (PPP) funds if you took that loan. I contacted a legislator. My federal taxes were used to help businesses to stay open. So, you not only need to pay the loan back with interest, now the Democrats want to tax that loan.
I hope the business owners saved money to pay more taxes. Shame on the Democrats if they tax the PPP loan.
Bert Chamberlain lives in Moorhead.
This letter does not necessarily reflect the opinion of The Forum's editorial board nor Forum ownership.