The headline seems a bit misleading. They’re just moving the lawsuit to another venue. States are arguing that forgiving student loans will affect taxes which is bologna because student loans have nothing to do with taxes.
I mean, freeing up money from the payments I could see having the effect if allowing states to bring in more from sales taxes for stuff that folks could then afford to buy, or property taxes maybe for better housing.
The headline seems a bit misleading. They’re just moving the lawsuit to another venue. States are arguing that forgiving student loans will affect taxes which is bologna because student loans have nothing to do with taxes.
I mean, freeing up money from the payments I could see having the effect if allowing states to bring in more from sales taxes for stuff that folks could then afford to buy, or property taxes maybe for better housing.
It’s both. The case is being transferred and the program can go into effect (unless the new venue issues a TRO).