Unreal. So landlords can’t collect rents, “students” don’t have to pay back loans, but I still have to pay my mortgage, capital gains, and now apparently my family has to pay taxes because I die at an inopportune time.
This administration is straight up communist.
I still have to pay my mortgage, capital gains...
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And don’t forget, any dividends you may receive have already been taxed at the corporate level. You have to pay taxes on them too. Double taxation, albeit at a somewhat reduced percentage.
The trick is to invest like the lawmakers do. They know where to put their money because they write the tax laws.
This one has been a long time coming. ITT, in my opinion, has been defrauding students with false employment statistics and ROI information for decades. While the Department of Education shouldn’t exist, in this instance the case involves low income and relatively vulnerable (gullible) students who believed the hype put out by the school even though the school knew that there were no jobs for the student-borrowers. This one should be a bi-partisan issue. Where DOE failed is that they should have acted 20 years ago. If the federal government is going to get involved in the student loan market (a bad idea), then it should at least make sure it’s not facilitating fraud by educational institutions.