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    Post: Tort Tax...

    Posted by Rem Dude on 4/11/07

    I wonder how much of this is from fraudulent mold claims?


    Study: Litigation Lottery Costs America $865 Billion Per

    $124 billion in additional health care spending
    alone; “Tort Tax” of $9,827 for a family of four.

    America’s out-of-control legal system imposes a staggering
    economic cost of more than $865 billion every year
    according to a new scholarly study released March 27 by
    the Pacific Research Institute, a free-market think tank
    based in San Francisco, California. This figure is 27
    times more than the federal government spends on homeland
    security, 30 times what the National Institutes of Health
    dedicate to finding cures for deadly diseases, and 13
    times the amount the U.S. Department of Education spends
    to help educate America’s children.

    The authors of Jackpot Justice: The True Cost of America’s
    Tort System calculated that the nation’s tort system
    imposes a yearly “tort tax” of $9,827 for a family of four
    and raises health care spending in the U.S. by $124

    The new PRI study provides the most comprehensive
    examination ever of U.S. tort costs. According to the
    study’s lead author, Dr. Lawrence J. McQuillan, unlike
    previous studies, Jackpot Justice calculates both the
    direct and indirect costs of America’s legal system.

    These include not just the direct cost of annual damage
    awards, plaintiffs’ attorney fees, defense costs, and
    administrative costs from torts but also the indirect cost
    of the legal system’s impact on research and development
    spending, the cost of defensive medicine, the related rise
    in health care spending and reduced access to health care,
    and the loss of output resulting from deaths due to excess

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