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To: politicalwit

debt forgiveness is ordinary income


104 posted on 09/28/2008 1:50:56 PM PDT by bert (K.E. N.P. +12 . Conservation? Let the NE Yankees freeze.... in the dark)
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To: bert

I’m sure that congress will fix that. After they allow these folks to reduce the principal, the folks will howl that they are getting unfairly taxed.


115 posted on 09/28/2008 2:08:12 PM PDT by keepitreal ("I'm Barack Obama and I approve this message. . . until I don't.")
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