Is the Student Loan giveaway legal? (work, starting, decision, people)

[jtab4994]

Originally Posted by TexasLawyer2000

Did these states tax stimulus checks? This is a state issue.

I don't know, did they? Are you trying to say that since the plaintiffs didn't complain about getting state-taxed on stimulus money, they can't complain about student loan money getting taxed? I can see the point there, if that's true. Anyway I'm not arguing their case; just saying I sympathize with their situation.

[TexasLawyer2000]

Originally Posted by jtab4994

I don't know, did they? Are you trying to say that since the plaintiffs didn't complain about getting state-taxed on stimulus money, they can't complain about student loan money getting taxed? I can see the point there, if that's true. Anyway I'm not arguing their case; just saying I sympathize with their situation.

I was just curious. I'm not saying that.

But if plaintiffs have an issue with state taxes, they need to handle that with the state. If this is going to cause harm someone by creating a state tax liability, they should not apply for the forgiveness. People need to do what's best for them.

Perhaps states could help out their residents by setting up a payment program for the taxes that would allow people to pay in the similar amount as they were paying their student loans already. That way the tax hungry states get the extra taxes they want while allowing the borrower to take advantage of the forgiveness.

[RPC324]

Originally Posted by TexasLawyer2000

I was just curious. I'm not saying that.

But if plaintiffs have an issue with state taxes, they need to handle that with the state. If this is going to cause harm someone by creating a state tax liability, they should not apply for the forgiveness. People need to do what's best for them.

Perhaps states could help out their residents by setting up a payment program for the taxes that would allow people to pay in the similar amount as they were paying their student loans already. That way the tax hungry states get the extra taxes they want while allowing the borrower to take advantage of the forgiveness.

That's exactly it in this case. The relief is for the plaintiff not to apply for forgiveness and to continue with their existing plan, an action that they can take independent of the federal government.

[albert648]

Originally Posted by TexasLawyer2000

I was just curious. I'm not saying that.

But if plaintiffs have an issue with state taxes, they need to handle that with the state. If this is going to cause harm someone by creating a state tax liability, they should not apply for the forgiveness. People need to do what's best for them.

Perhaps states could help out their residents by setting up a payment program for the taxes that would allow people to pay in the similar amount as they were paying their student loans already. That way the tax hungry states get the extra taxes they want while allowing the borrower to take advantage of the forgiveness.

Forgiveness and handouts should not exist, period, end of story.

[MEGAlot]

Originally Posted by albert648

Forgiveness and handouts should not exist, period, end of story.

This is not how the government in the United States works. The states' ability to tax their people has no bearing on handouts from the federal government. They are decisions made via relatively independent governments.

[albert648]

Originally Posted by MEGAlot

This is not how the government in the United States works. The states' ability to tax their people has no bearing on handouts from the federal government. They are decisions made via relatively independent governments.

No handouts from any level of government should ever exist.

No handouts = no tax consequences.

If Biden wants to forgive student loans, he needs to pay for it out of his own pocket.

[Rocko20]

Update. It's illegal again.

A U.S. District Court in Texas on Thursday night blocked President Joe Biden's student loan forgiveness program on the grounds that the administration didn't have the authority to act.

The fresh injunction is in addition to a block from the Eighth U.S. Circuit Court of Appeals, which put the program on hold nearly three weeks ago while it considered a separate lawsuit brought by six states challenging the program and the president's authority to act.

https://www.usatoday.com/story/news/...t/10664760002/

Originally Posted by albert648

Forgiveness and handouts should not exist, period, end of story.

Agreed and well stated. The economy would collapse if no one ever had to pay back their loans.

Weaponizing personal debt into political votes is absurd.

[Rakin]

Originally Posted by Rocko20

Agreed and well stated. The economy would collapse if no one ever had to pay back their loans.

Weaponizing personal debt into political votes is absurd.

True but this ruling comes 1 day after the election so it accomplished what it set out to do.

Buy Democrat votes.

[uggabugga]

even nasty p lousy knows it's not legal.

https://mobile.twitter.com/DogRightG...81791687512064

[TMSRetired]

Originally Posted by Rakin

True but this ruling comes 1 day after the election so it accomplished what it set out to do.

Buy Democrat votes.

Exactly that. FWIW the EO never appeared on whitehouse.gov or was published in the Federal Register.
They knew it wouldn't hold water