ROWAN SAYDLOWSKI: Our Courts Are Awash With Outside-Funded Lawsuits. Republicans Have A Way To Fix It
ROWAN SAYDLOWSKI: Our Courts Are Awash With Outside-Funded Lawsuits. Republicans Have A Way To Fix It
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Editor’s note: Big Tent Ideas always aims to provide balancing perspectives on the hottest issues of the day. Below is a column from Americans for Tax Reform federal affairs manager Rowan Saydlowski, where he argues that Republicans’ attempt to crack down on outside-funded lawsuits is a win for taxpayers. You can find a counterpoint here from Save our States founder Trent England, where he argues that the GOP’s legislation is really a win for big corporations.
Trial lawyers are imposing massive costs on American families. And the current tax code incentivizes them to do it.
The amount of frivolous litigation in the U.S. court system has ballooned in recent years, and American households often bear the brunt of the costs. A study by the U.S. Chamber of Commerce Institute for Legal Reform (ILR) found that total tort costs and compensation grew to more than $529 billion in 2022, representing 2.1% of GDP and $4,200 per U.S. household.
These costs grew by an average of 7.1% each year between 2016-2022, far above the rate of inflation. (RELATED: TRENT ENGLAND: GOP’s Outside-Funded Lawsuit Crackdown Is Trojan Horse For Woke Corporations)
The impact on American households is twofold: First, the growing amount of frivolous litigation clogs up the court system, delaying legitimate cases and imposing higher costs on taxpayers. Second, the costs of litigation imposed on businesses are inevitably passed onto consumers in the form of higher prices.
As frivolous........
