Hacker News new | ask | show | jobs
by erhk 1910 days ago
Why should income tax be a substitute? Where is my subsidy for having gone into debt for a degree?
3 comments
rhino369 1910 days ago
There are some deductions for tuition and student loan interest. But I do think that student loan payments should be fully deductible against income.
link
indymike 1910 days ago
Debt is not a loss. It is a liability.
link
mam2 1908 days ago
IT's money spent which could have been somewhere else
link
indymike 1906 days ago
No, that would be an expense.
link
gruez 1910 days ago
Because corporations are taxed on profit but you as an individual are taxed on income.
link