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They succeed s employers to spend around $5,250 annually income tax – liberated to staff with figuratively speaking

They succeed s employers to spend around $5,250 annually income tax – liberated to staff with figuratively speaking

Executive Manager, Marriner S. Eccles Institute, University out-of Utah

Congress is on the brand new cusp regarding enacting a costly and you can ineffective new tax cost to have specialists which have college student financial obligation as part of the fresh broader c oronavirus rescue package. In place of providing recovery so you can troubled individuals, the provision alternatively bath s income tax slices towards the higher-income pros with an excellent efforts that are already paying down the loans , and you can brings up a depraved the fresh bonus to possess higher-income group to help you use to have school as opposed to pay out out of pouch . Continue reading