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Old 01-02-2021, 01:39 PM   #22
joey2665
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Originally Posted by Descant View Post
Good points, Joey.

But I'm looking at your restaurant owner who "did well" and saved for retirement. Then the government says you can only serve 6 tables. You need 12 to break even and if you can fill 24, you'll make some money. When you cash in some investment to stay afloat or to buy outdoor serving equipment, you (add insult to injury) get nicked for taxes on the capital gain. What's the work around here?

To me, these folks need more help than "forgiving" college loans. I remember when people "worked their way" through college or other school, no loans.
I absolutely agree. There are many things on the list, first and foremost helping the small businesses that where hot the hardest before student loan debt is forgiven.

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