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Senator still waiting for response on lawyer tax breaks

SOUTHEAST TEXAS RECORD

Sunday, November 24, 2024

Senator still waiting for response on lawyer tax breaks

Grassley

WASHINGTON (Legal Newsline) - U.S. Sen. Chuck Grassley wrote to the U.S. Treasury about a possible tax break for trial lawyer contingency fees more than a month ago, but the Iowa Republican has yet to receive an answer.

Grassley was the first of 25 Republican senators to write the Treasury after a Legal Newsline report quoted sources at a convention who said the nation's trial lawyer group was waiting on an order granting the tax break.

Legal Newsline writer John O'Brien, who broke the contingency fee story, checks on the status of the proposal here:

http://www.legalnewsline.com/news/228555-treasury-hasnt-offered-trial-lawyer-tax-break-info-to-iowa-senator

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