Interest is an expense. There is no way you should be paying tax on an expense.
Editor's note · Context
Williams argues against taxing business expenses like interest.
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Now, when the SBA changed the 7a lending rules, Members of this committee repeatedly voice their concerns that changing the underwriting standards would lead to increased default rates.
This bipartisan legislation will require the Small Business Administration to submit a report to Congress on the challenges faced by entrepreneurs with disabilities.
I would like to thank Representative Molinaro for his commitment to ensuring Congress works to pave the pathway to success for entrepreneurs and employees with disabilities and thank him and Mr. Pappas for introducing this legislation.
This is unacceptable and a clear political decision by the Biden Administration.





