this post was submitted on 05 Sep 2023
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the rich are given (feddit.de)
submitted 2 years ago by sexy_peach@feddit.de to c/memes@lemmy.ml
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[–] Kokanee08@sh.itjust.works 10 points 2 years ago

The idea is that you were "given" that money when you got the loan and you weren't taxed on the value of the loan when it was provided to yoy, so you can't deduct it when you pay it back.