this post was submitted on 24 May 2026
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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[โ€“] tristynalxander@mander.xyz 2 points 1 day ago (1 children)

What happens when someone fails to pay back their bond? Do I get a tax refund?

[โ€“] MasterBlaster@lemmy.world 1 points 9 hours ago* (last edited 9 hours ago)

No, since you didn't make any money and were not taxed. Also, the bond issuer is now in bankruptcy and/or being sued into bankruptcy. I might even get back the principle depending on the output of the legal proceedings.