Comment on Why debt forgiveness isn’t so easy

Why debt forgiveness isn’t so easy

Dear John: With all this talk about writing off student debt, no one mentions the tax consequences of the forgiven debt. Will that be forgiven too? M.G. Dear M.G.: Good point. Let’s forgive all debt! Everybody, your debts are forgiven. Nobody owes taxes. Everybody now can go out and spend and increase your credit card...

 

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