Rep. Darin LaHood posted on his Facebook page, "Student loans won’t be cancelled; they will be transferred to hardworking taxpayers. In the middle of an economic crisis, the President wants working and middle-class families hit hardest by inflation to bailout billions of dollars in student loans.”
Isn’t a forgiven loan considered taxable income by the IRS? Wasn’t an overlooked forgiven loan on the Clinton tax return the reason Vince Foster was murde…, er…committed suicide. Will the grifters whose $10,000 loans are forgiven be shown even further favoritism when they can’t pay the additional $2,500 they owe in taxes?
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Isn’t a forgiven loan considered taxable income by the IRS? Wasn’t an overlooked forgiven loan on the Clinton tax return the reason Vince Foster was murde…, er…committed suicide. Will the grifters whose $10,000 loans are forgiven be shown even further favoritism when they can’t pay the additional $2,500 they owe in taxes?