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The Tax Court has said that's a gift. n If you didn't plan to forgive a loan, but find a relative can't repay you, don't just let the bad loan sit there.
FORBES: Sue your sister!
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He opened up his now-familiar grab bag of microproposals, including a proposal to forgive student loan interest for those who take a year off from college to work under the auspices of religious groups.
CNN: AllPolitics - A Call For 'Big Citizenship'
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Why repay a loan when a friendly politician will come along and forgive it?
WSJ: India's Socialist Godmother