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) â 1 tortureâ means an act committed by a person acting under the color of law specifically intended to inflict severe physical or mental pain or suffering (other than pain or suffering incidental to lawful sanctions) upon another person within his custody or physical control;