“This brings the total debt cancellation my administration has approved to $132 billion for over 3.6 million Americans through various actions,” Biden said in a statement.

  • InvaderDJ@lemmy.world
    link
    fedilink
    English
    arrow-up
    8
    ·
    11 months ago

    Rich is an interesting way to put it. Bailing out the rich are tax cuts aimed overwhelmingly at the rich, not taxing capital gains and other ways the rich try to hide their true income and not auditing the rich because it is too much effort.

    • oldbaldgrumpy@lemmy.world
      link
      fedilink
      arrow-up
      2
      arrow-down
      9
      ·
      11 months ago

      …and should also include forgiving debt of those that have potential to be higher earners. Student loans were readily accepted and it was fully understood that you would have to pay the money back. Just do that.