S. 467: End Double Taxation of Successful Consumer Claims Act

S. 467 is a federal bill in the 119th Congress. Currently, individuals who win a lawsuit or settlement must pay income tax on the total amount awarded, including the portion that goes directly to pay their lawyer. This means people are taxed on money they never actually take home. Under this bill,… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.