Category: Business
Taxpayers Would Subsidize Personal Injury Lawsuits Under U.S. House Budget Bill
A provision tucked into the U.S. House Democratic budget bill would put taxpayers on the hook to cover costs associated with personal injury lawsuits – a major win for the Trial Bar if it passes. As noted in a Legal Newsline article, the bill as drafted would “alter IRS rules allowing trial lawyers to deduct the expense…