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View Diary: Rolling Jubilee Hits $8,000,000 in Medical Debt to be Retired Uncollected. MORE UPDATES! (279 comments)

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  •  How do you know they didn't? (0+ / 0-)

    They do have lawyers and accountants. I'm sure they've done due diligence - which is why they aren't, yet, buying up student loans: because they figured out that they need to do more work setting up to properly excuse those without causing problems for the recipients.

    •  Above I asked if they had an IRS ruling (1+ / 0-)
      Recommended by:
      VClib

      but I have not received a reply either way.

      Sometimes, on tax matters people get opinions from lawyers which helps avoid criminal prosecution or penalties if the IRS were to later rule with a very different interpretation on a tax matter.  The IRS in no way feels bound to any opinion given by a private attorney or accountant.

      The most important way to protect the environment is not to have more than one child.

      by nextstep on Fri Nov 23, 2012 at 04:38:11 PM PST

      [ Parent ]

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