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EDITORIAL: AMA vs. greedy lawyer--Doctors battle tax subsidy for jackpot justice
The Washington Times ^ | September 7, 2010 | Editorial

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 ...


TOPICS: Business/Economy; Culture/Society; Editorial
KEYWORDS: ama; geithner; obamacare; treasurydepartment; triallawyers
Obama and his thugs will spend taxpayer money to reward any donors they possibly can and trial lawyers are major donors.
1 posted on 09/07/2010 5:38:08 PM PDT by jazusamo
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To: jazusamo

“Stupid ba$tards did not even read the bill.
Indict and impeach them all.”



2 posted on 09/07/2010 5:42:48 PM PDT by Diogenesis
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To: Diogenesis

Bump!


3 posted on 09/07/2010 5:51:02 PM PDT by jazusamo (But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
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To: jazusamo

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.


4 posted on 09/07/2010 5:52:27 PM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: jazusamo
Hey, the AMA supported ObamaCare! Lawyers are what this two thousand page plus atrocity was always about; that and health care for illegal immigrants.

ObamaCare is a Lawyer's paradise. That IS what it has always been about. Who does the AMA think wrote it?

Johnny Suntrade

5 posted on 09/07/2010 5:54:48 PM PDT by jnsun (The Left: the need to manipulate others because of nothing productive to offer.)
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To: jnsun

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.


6 posted on 09/07/2010 5:59:02 PM PDT by jazusamo (But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
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To: jazusamo
AMA--The arrogant SOBs who jumped in the sack with obamacare, figuring they were to big and too special to be trashed. Dumb shitz--guess they don't teach politics at medical school.
7 posted on 09/07/2010 6:11:01 PM PDT by hinckley buzzard
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