2 ms·
Very interesting possibility. Perhaps OWS should buy a debt for $500, and instead of outright forgiving it, sell it back to the debtor for a symbolic amount su
by kijin 14y ago
Very interesting possibility.
Perhaps OWS should buy a debt for $500, and instead of outright forgiving it, sell it back to the debtor for a symbolic amount such as $1. Maybe this will have different tax implications than what the top comment suggests?