Just as nonprofit tax exemptions can directly incentivize lawfare for profit third party litigation funders, preferential tax treatment turns lawsuits into tax advantaged asset class leading to predatory and frivolous lawsuits that overburden the courts and raise … This allows some foreign funders to evade the US Tax code entirely. … higher cost. Ronald Reagan once said, if you want more of something, subsidize it. If you want less of something, tax it. (00:35–00:47)
CLAIM
Asserts that foreign funders can completely evade U.S. tax obligations.
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