Mutually Assured Trade Destruction Tariff-Style Further Diminishes Individual Sovereignty
There was legal mention recently about how the 2017 Tax Cuts and Jobs Act (TCJA) had increased the difficulty for business to deduct environmental litigation expenses (e.g., property remediation expenses or compliance costs) incurred incident to a U.S. Department of Justice Environmental and Natural Resources Department (DOJ-ENRD)-initiated enforcement action. The inability of a business to deduct expenses incurred…