this post was submitted on 05 Sep 2023
942 points (98.0% liked)

Memes

45585 readers
1670 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
gary_host_laptop@lemmy.ml
sexy_peach@feddit.de
cyclohexane@lemmy.ml
cypherpunks@lemmy.ml
942
the rich are given (feddit.de)
submitted 1 year ago by sexy_peach@feddit.de to c/memes@lemmy.ml
30 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] Kokanee08@sh.itjust.works 10 points 1 year ago

The idea is that you were "given" that money when you got the loan and you weren't taxed on the value of the loan when it was provided to yoy, so you can't deduct it when you pay it back.