The bill's sponsor, Queens Democrat and Senate Deputy Majority Leader, Michael Gianaris says this bill would give people peace of mind that the money can't be taxed.
NEW YORK CITY --New york tax authorities have promised to leave potential federal forgiveness alone.
But the bill's sponsor, Queens Democrat and Senate Deputy Majority Leader, Michael Gianaris says this bill would give people peace of mind that the money can't be taxed. According to senate majority leader Chuck Schumer, about 2.5 million New Yorkers could benefit from student loan forgiveness.
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