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Forgiveness is taxable?
Does Biden know that?
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I don't think Biden knows that he did a student loan forgiveness.
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Now you very well may have a point here! 😴
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Forgiveness is taxable?
Does Biden know that?
I don't think Biden knows that he did a student loan forgiveness.
Now you very well may have a point here! 😴
I'm sure any forgiveness program will also intentionally target some kind of minority populations, for PR reasons.
This will be at best a mixed blessing, though. In all likelihood, debt forgiveness will be considered taxable income, so the forgiven populations will owe taxes on their forgiven debt.