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News
September 15, 2010

Broad-Based Coalition Urges Treasury to Say

Groups throughout the economy and across the country today joined the U.S. Chamber Institute for Legal Reform (ILR) in sending a letter to U.S. Treasury Secretary Timothy Geithner opposing a proposal to grant trial lawyers a special tax break. The proposed change in IRS tax policy – a perennial goal of plaintiffs’ lawyer advocates – would add nearly $1.6 billion to our national deficit over 10 years by allowing trial lawyers to deduct their up-front litigation expenses in contingency fee cases.

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