Bill Ackman warned that taxing forgiven startup debt as ordinary income could leave failed founders insolvent. He said Ro Khanna’s proposal may saddle entrepren

BWB News TV • 2026-08-16 22:36 UTC • By Billy Odell Tucker-Robinson

Bill Ackman warned that taxing forgiven startup debt as ordinary income could leave failed founders insolvent. He said Ro Khanna’s proposal may saddle entrepreneurs with tax bills after a collapse, even when they have no cash left to pay.

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