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Study: ‘Tort tax’ costs Texans an average of $1,725 per year

Summary by setexasrecord.com

A new study reveals lawsuits and massive court awards cost Texans an average of $1,725 each year.Texans Against Lawsuit Abuse says this “tort tax” drives up the cost of everything from groceries to housing to insurance. The Texas figure also is higher than the national average of $1,666.The study was prepared for Citizens Against Lawsuit Abuse by The Perryman Group, which is based in Waco.“While Texas has been at the forefront of lawsuit reform …

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Rio Grande Guardian

CALA: Texans pay $1,725 more for goods and services every year in a lawsuit tax, higher than national average – Rio Grande Guardian

AUSTIN, Texas – Texans pay an average of $1,725 more for goods and services every year as the cost of lawsuits and massive court awards are passed on to consumers, says Citizens Against Lawsuit Abuse. CALA says this “$1,725 lawsuit tax” drives up the cost of everything Texans buy, from groceries to housing to insurance. The group says it is higher than the national annual average lawsuit tax of $1,666 per person. The numbers come from a study pr…

2 days ago

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