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Maybe you didn't read it properly, I said taxed "on the income" then specified that's the money "used to pay it back". Income has a specific definition if you
by dismalaf 4mo ago
Maybe you didn't read it properly, I said taxed "on the income" then specified that's the money "used to pay it back".
Income has a specific definition if you want to be pedantic, and types of income are always taxed.
- cosmicgadget 4mo agoI read it properly but "the implied tax on repayment" was referring to lovecg's comment.