Follow POL on Twitter Heritage's Hans von Spakovsky writes against proposals to end the deductibility of punitive damages, raising issues familiar with the readers of this site. Von Spakovsky, however, misses other arguments: deductibility of punitive damages does not cost taxpayers anything, because the deducted punitive damages are taxable income to the plaintiff and his attorney.
von Spakovsky on punitive damages and tax code
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| Isaac Gorodetski Project Manager, Center for Legal Policy at the Manhattan Institute igorodetski@manhattan-institute.org |
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| Laura Eyi Press Officer, Manhattan Institute leyi@manhattan-institute.org |
