The Hidden ‘Tax’ That’s Bleeding Your Wallet Dry
A hidden 'lawsuit tax' is impacting American consumers through increased insurance premiums and higher prices for goods. This issue is particularly affecting the trucking industry, where litigation costs are rising due to staged crashes and excessive settlements. Industry advocates are urging Congress to address these lawsuit abuses to alleviate financial burdens on consumers.
- ▪Americans are facing higher costs due to increased litigation expenses in the trucking industry.
- ▪The number of lawsuits involving tractor-trailers has grown at an annual rate of 3.7% from 2014 to 2023.
- ▪Auto insurance premiums have surged by 55% since February 2020, contributing to rising consumer costs.
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Business The Hidden ‘Tax’ That’s Bleeding Your Wallet Dry (Photo by THOMAS SHEA/AFP via Getty Images) Nick Naulty Contributor May 17, 2026 1:49 PM ET May 17, 2026 1:49 PM ET Nick Naulty Contributor Font Size: const observer = new MutationObserver((mutations) => { const adDivToHide = document.querySelector("#dailycaller_incontent_1"); if (adDivToHide && dc_noads_page) { adDivToHide.classList.add("hide-premium", "hide-free"); observer.disconnect(); console.log("Ad div found and hidden"); } }); observer.observe(document.body, { childList: true, subtree: true }); Americans may be paying a hidden “lawsuit tax” through higher insurance premiums and higher prices for everyday goods, as trucking companies face rising litigation costs from staged crashes, massive settlements and “nuclear…
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