The lawsuit mania has direct and indirect consewquences on each of us. From the Little League to worksites, every facet of our lives has been hit by lawyers and lawsuits.
The Democrats enjoy strong support from trial lawyers. Why not? Lawsuits are like a tax increase on each and every one of us:
"According to the Pacific Research Institute’s new study, Jackpot Justice, the annual social cost of the U.S. tort system is $737.4 billion, which
is equivalent to an eight-percent tax on consumption, a 13-percent tax on wages, the combined annual output of all six New England states (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont), or the total annual sales of the U.S. restaurant industry.
The Democrats enjoy strong support from trial lawyers. Why not? Lawsuits are like a tax increase on each and every one of us:
"According to the Pacific Research Institute’s new study, Jackpot Justice, the annual social cost of the U.S. tort system is $737.4 billion, which
is equivalent to an eight-percent tax on consumption, a 13-percent tax on wages, the combined annual output of all six New England states (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont), or the total annual sales of the U.S. restaurant industry.
The annual price tag, or “tort tax,” for a family of four in terms of costs and forgone benefits is $9,827." (The Cost of Lawsuits)
