Skip to comments.EDITORIAL: AMA vs. greedy lawyer--Doctors battle tax subsidy for jackpot justice
Posted on 09/07/2010 5:38:05 PM PDT by jazusamo
A proposed special-interest tax break for plaintiffs' lawyers would add billions of dollars in federal spending and jack up costs to consumers. It's nothing more than a direct subsidy from taxpayers to ambulance chasers.
That was the message of a strongly worded letter to Treasury Secretary Timothy F. Geithner from the American Medical Association, 42 national medical groups representing specialties such as radiology, cardiology and gastroenterology, and the medical associations of 47 states and the District of Columbia. The Treasury is considering an administrative ruling - as an end run around Congress - that would allow trial lawyers to take tax deductions upfront for client expenses the lawyers can later collect from clients if they win their cases. The AMA is right to blow the whistle on this naked political payoff to the trial lawyers who so lavishly fund liberal Democratic campaigns.
The Joint Tax Committee estimated the tax subsidy would cost the Treasury $1.57 billion. According to the medical associations, the change introduces "a financial incentive" for lawyers to file frivolous suits against doctors and health care organizations,...
(Excerpt) Read more at washingtontimes.com ...
Stupid ba$tards did not even read the bill.
Indict and impeach them all.
We as Republicans/Conservatives are so stupid.
We believed that having good Doctors/Hospitals is/was important to our families and our country.
Now, we know that it is important to this country to spend our tax $’s to keep the lawyers going to their country clubs during the Bush/Cheney recession and the lawyers contributing to 0b0z0 and his thugs.
ObamaCare is a Lawyer's paradise. That IS what it has always been about. Who does the AMA think wrote it?
You’re correct, the AMA did support obamacare but only 17 to 19% of doctors belong to the AMA, maybe that percentage is going down and the AMA figured they’d better do something.