Snap: Biden set to cancel $10K of student debt for millions, $20K for Pell grant recipients posted by geoleo
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  • NotWearingPants
    +6

    Forgiven debt is counted as income, so tax would be owed on that 10, or 20K. I'm sure those extra 81K IRS agents would be too busy going after billionaires though.

    /s

    1 year ago
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