Rade humano papachango. Oh, Hello everybody welcome to another tangentially speaking episode.

Today is Monday, April 15th, tax day.

Time to pay the man.

Yeah. Hey, if you have a lot of student loans and there's a possibility

that they're going to be forgiven, you might want to check your state laws. I was reading something yesterday about this.

And they're like seven or eight states in this country that are planning to tax, this is so fucked, they're going to tax as income the forgiven student loan amount.

So if you owe $100,000 in student loans and you live in one of these states,

if the Biden administration is able to pull off their plan of forgiving those loans,

your state is going to want to collect tax on that $100,000 as if it were income.

Man, I mean, what the fuck?

Since Ronald Reagan, the federal government taxes tax is Social Security because he cut taxes for

wealthy individuals from 70-something percent to 28 percent or whatever it was and one of the ways of recovering

that money was to tax Social Security as income. So you're taxing money that the federal government is giving to old people so that they can

fucking retire and survive.

You're taxing that money.

Oh, come on. Anyway, just a heads up. Check it out. It's only seven or

eight states, but I thought that was a pretty crazy thing that they were going to tax that student loan income and

forgiven student loan debt and also I mean people say all this stuff like oh it's moral hazard like they

shouldn't forgive the student loans the only argument that makes any sense to me

is people who say oh come on I worked really hard to pay back my

loans and now you're just going to forgive them that's not really an argument that's an

emotion and I understand it and I respect it but the stuff about moral hazard oh if you

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