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Defaulting on a debt is stealing - especially if the debt is, like taxes, principle only - it's a specialized form of it. Besides defaulting applies to loans.
by abritinthebay 10y ago
Defaulting on a debt is stealing - especially if the debt is, like taxes, principle only - it's a specialized form of it.
Besides defaulting applies to loans. In this case you're specifically withholding something that is legally someone else's.
That's theft, no matter how you cut it.