To: The Unknown Republican
Maybe it’ll be treated as a gift, and handed over to the tender mercies of the IRS. If people thought owing 120k in student debt was bad, wait until the IRS wants the taxes on a 120k gift...
To: ferret_airlift
Debt forgiveness generally is treated as income. That could get interesting.
To: ferret_airlift
Maybe it’ll be treated as a gift, and handed over to the tender mercies of the IRS. If people thought owing 120k in student debt was bad, wait until the IRS wants the taxes on a 120k gift...
That lil detail would not come until after the election....and would still be blamed on Repubs & Putin.
83 posted on
04/13/2022 5:26:34 PM PDT by
citizen
(Thieves of private property pass their lives in chains; thieves of public prop. in riches and luxury)
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