Viewing a single comment thread. View all comments

flightwatcher45 t1_isxn2r1 wrote

Reply to comment by Phillyredsox in LPT: If you're planning to apply for/accept Biden's Student Loan Forgiveness, be aware that some states may TAX it as income! by Anachronisticpoet

Even if you don't, I was joking that you should be smart enough to know. It was a joke. If you walk way with 9500 after tax do you think you got 10k or 20k initially? And yes it depends on a few variables but it should be clear.

2

Phillyredsox t1_isxv623 wrote

And my comment was an exaggeration on the over taxed middle and lower class population of the US.

1

flightwatcher45 t1_isy2o05 wrote

Haha. Yep, now us tax payers get to pay the loans off.

1

Phillyredsox t1_isy4rp3 wrote

If they would just tax the rich this wouldn’t be a problem.

1

flightwatcher45 t1_isy6j3x wrote

That's a slippery slope but I agree to an extent. We shouldn't need to tax the rich differently, if we had a system that was somehow balanced.. There is no easy solution to all the issues in our economy, especially we can all agree on! I paid my loans, got a good job, get paid well and have more than most so I try not to complain.

2