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0 pointserhk5y ago0 comments

Why should income tax be a substitute? Where is my subsidy for having gone into debt for a degree?

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5 comments · 3 top-level

indymike5y ago· 2 in thread

Debt is not a loss. It is a liability.

mam25y ago

IT's money spent which could have been somewhere else

No, that would be an expense.

There are some deductions for tuition and student loan interest. But I do think that student loan payments should be fully deductible against income.

gruez5y ago

Because corporations are taxed on profit but you as an individual are taxed on income.

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