Sen. Mitt Romney pushes to repeal COVID-era tax credit amid fraud concerns

Posted on AllSides September 19th, 2024
From The Center

Sen. Mitt Romney, R-Utah, speaks to members of the media while visiting the State Department’s Salt Lake City Passport Fair at the Bennett Federal Building in Salt Lake City on Friday, Feb. 16, 2024. U.S. Sen. Mitt Romney and his colleagues are attempting to curb widespread fraud by ending a COVID-19-era tax credit. The Employee Retention Tax Credit, or ERTC — created under the Coronavirus Aid, Relief, and Economic Security Act of 2020, and later expanded in 2020 and 2021 — is a refundable credit available to businesses that paid...

Read full storyCheck for Bias
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://deseret.com/politics/2024/09/19/mitt-romney-covid-tax-credit-end-bill

More News about Coronavirus from the Left, Center and Right

[]