Pateecakes

joined 1 year ago
[โ€“] Pateecakes@lemmy.world 2 points 11 months ago

That puts it pretty simply, but yes. And at least in 2008 it was mostly loans instead of hand outs so it got paid back.

[โ€“] Pateecakes@lemmy.world 5 points 11 months ago (3 children)

When the asset doesn't pay off you get to write that off on your taxes.