Businessweek Archives

Legal Reform


Washington Outlook: Capital Wrapup

LEGAL REFORM

The idea may not come up until Dan Quayle's 1996 campaign for the White House, but the Vice-President's aides have finally found a tax they like: As part of the crusade to reduce litigation, they're exploring a windfall-damages tax. Proceeds from the surcharge on punitive-damage awards in product-liability and malpractice cases would go to compensate victims.Edited by Stephen H. Wildstrom


Reviving Keynes
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