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Dems sneaking tax break for wealthy trial lawyers into spending bill, Texas rep. tweets

SOUTHEAST TEXAS RECORD

Thursday, November 21, 2024

Dems sneaking tax break for wealthy trial lawyers into spending bill, Texas rep. tweets

Elections
Brady

Rep. Brady

HOUSTON – Expect the Democrats’ spending bill to bring more lawsuits and less jobs – that was the underline message of a tweet posted by Rep. Kevin Brady earlier today. 

Brady, a Republican, serves Texas’ 8th Congressional District.

His tweet is as follows:

“Tax breaks for trial lawyers?

“Democrats sneaking into tax/spending bill a huge $2.5 billion tax break for wealthy trial lawyers...a decade-long dream.

“Deduct expenses for contingency lawsuits up front, lowering costs.

“Expect more speculative lawsuits. Less job creation.”

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