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koidrieyez t1_j6yk2pv wrote

Yeah bills of any kind don't just get "erased". They just get reassigned to those who didn't incur them.

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volanger t1_j6ysi7h wrote

Not exactly. The debt is often sold off immediately to another company for pennies the original cost. You, as the new owner of the debt, can either collect it or forgive it.

John Oliver did exactly this year's ago.

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koidrieyez t1_j6yzf6n wrote

Just a roundabout way of saying someone else is paying.

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volanger t1_j6yzvqo wrote

Watch the clip, he bought millions of dollars of debt for couple hundred thousand. And honestly I don't mind tax dollars doing that for low and middle income people. Money only ever goes up, and this debt relief will help millions of households and even allow people to start businesses if they wish.

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mikemikemikeandike t1_j6zc579 wrote

I already pay a boat load in taxes. There’s only so much people can take before we say it’s time to go.

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volanger t1_j6zeim2 wrote

There's a surplus they can use, hundreds of thousands isn't much for gov, and, and this is the important thing, the amount that this will generate cannot be ignored.

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mikemikemikeandike t1_j6zf5wo wrote

What are you trying to say? Between your wording and misuse of commas, I’m lost.

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