i don’t think that makes a lot of sense.
okay, so you cancel rich people’s college debt. but then you tax them bringing their net gain back down towards zero.
you use that money - which you are getting from the over their entire lifetime, not just the blip event of college - to cancel everyone elses debt.
so people on the low end of wealth get freedom from debt and no tax ( net win ), and people on the high end of wealth get freedom from debt and a tax ( net zero. )
i don’t get the rhetoric that a tax on wealthy people will somehow line their pocket books.
