if your average tax rate is 25 % you ll have to shell out $ 1500 25 % of $ 6000 on that amount of forgiven debt so though you originally were saving $ 6000 you re really only saving $ 4500 after taxes which is still significant but can be a really rude awakening at tax time
torment meaning, definition, what is torment: great mental suffering and unhappiness, or great physical pain: . Learn more.
1. Predicament, dilemma, plight, quandary refer to unpleasant or puzzling situations. Predicament and plight stress more the unpleasant nature, quandary and dilemma the puzzling nature of the situation. Predicament and plight are sometimes interchangeable; plight, however, though originally meaning peril or danger, is seldom used today except laughingly: When his suit wasn't ready at the cleaners, he was in a terrible plight.