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Kevin Hern: “I have significant concerns on third party financing of…”

Featuring: Kevin Hern, Republican | U.S. House Oklahoma, 1st Congressional District

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Hern Asks Sec. Bessent About Manufacturing Facility Expensing & Third Party Litigation Financing

Published | Video Starts at 04:21

So I applaud you. We're going to build it and they are going to come. And then one final question. I have significant concerns on third party financing of litigation in the United States, particularly regarding the tax treatment of these profits. derived from it. And currently these financiers are claiming capital gains treatment and is and best highly questionable that unadjudicated claims of harm constitute capital assets. (04:21–04:29)

CLAIM

Asserts concerns about third-party litigation financing and its tax treatment in the U.S.

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