PPBSUCCESS [he/him] to news • edit-22 years ago*Permanently Deleted*trashexternal-linkmessage-square49 fedilinkarrow-up1129file-text
arrow-up1129external-link*Permanently Deleted*trashPPBSUCCESS [he/him] to news • edit-22 years agomessage-square49 Commentsfedilinkfile-text
minus-squarezifnab25 [he/him, any]hexbear32·2 years agoOfficially, "bad debt" is taxed like income in order to prevent people from dodging taxes by re-categorizing income as loans you failed to pay back. In practice, this ends up being just another means of doing a regressive "poor tax" aimed at folks least capable of protesting it. link
Officially, "bad debt" is taxed like income in order to prevent people from dodging taxes by re-categorizing income as loans you failed to pay back.
In practice, this ends up being just another means of doing a regressive "poor tax" aimed at folks least capable of protesting it.