Proposed Legislation Would Add Employment Law Claimants
Posted on November 27, 2011 by Eugene Hollander
On November 2, 2011, two senators reintroduced the Civil Rights Tax Relief Act (CRTRA) of 2011 in Congress. The new act would end two inequities of the tax code that apply to employment law claims: (1) it would eliminate the taxability of non-economic damages, and (2) would reduce the high tax rates of financial recoveries. This legislation has support on both sides of Congress.