Tax-and-Spend Spree Exposed: $2.5 Billion Tax Break for Wealthy Trial Lawyers
Washington, DC,
November 10, 2021
TOPLINE: Whip Scalise is committed to exposing President Biden and Congressional Democrats’ giveaways to radical special interest groups and the far-left provisions buried in their 2,135-page big government tax-and-spending spree. There are many “hidden gems” that Democrats are handing the socialists, and Whip Scalise will be highlighting them throughout the next few weeks.
$2.5 Billion Tax Break for Wealthy Trial Lawyers
Section 138518 would allow plaintiffs’ attorneys to deduct out-of-pocket litigation costs in contingency fee cases immediately instead of waiting for the conclusion of the litigation.
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