It'd be pretty damn hard to argue that tax liability isn't a debt. But I'll be gracious and assume you hastily misspoke.
My argument breaks down as follows:
1) Economic principles, not the whims of lawmakers, dictate good tax policy. 2) Good tax policy describes actual taxpayer debt to society. 3) A tax policy that assesses lower taxes than good tax policy forgives actual taxpayer debt. 4) Forgiveness of debt is an expense.
no subject
My argument breaks down as follows:
1) Economic principles, not the whims of lawmakers, dictate good tax policy.
2) Good tax policy describes actual taxpayer debt to society.
3) A tax policy that assesses lower taxes than good tax policy forgives actual taxpayer debt.
4) Forgiveness of debt is an expense.
So, which of those points do you disagree with?