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I'm an advocate for simplifying and flattening the tax code, but with what we've got would it make sense for some sort tax insensitives? Like funds to repay s
by TheCondor 10y ago
I'm an advocate for simplifying and flattening the tax code, but with what we've got would it make sense for some sort tax insensitives? Like funds to repay student loans could be tax free like 401k contributions or maybe employers could get a tax break for helping to repay the loans. Gosh, assuming this stuff doesn't already exist.
- theandrewbailey 10y agoInterest on student loans is tax deductible. Can't say the same for the loan principal. https://www.irs.gov/taxtopics/tc456.html https://www.irs.gov/taxtopics/tc456.html
- overcast 10y agoTax deductible, until a certain tax bracket. There definitely became a point where I no longer received deductions.