Thursday, May 25, 2006
Life Settlement Institute Strongly Opposes ACLI Proposed Excise Tax On Life Settlements
The Life Settlement Institute (LSI) sharply criticized the American Council of Life Insurers' (ACLI) proposed anti-consumer and anti-competitive excise tax on life settlements. LSI believes the proposal is anti-consumer as it denies consumers valuable property rights in their life insurance policies. LSI also questioned whether the ACLI's attack on American consumers', particularly senior citizens', property rights would backfire and accelerate measures to change the current favorable tax treatment of other life insurance products.
Life Settlement Institute Strongly Opposes ACLI Proposed Excise Tax On Life Settlements
Source: PR Newswire
Life Settlement Institute Strongly Opposes ACLI Proposed Excise Tax On Life Settlements
Source: PR Newswire
Permalink posted by armandn @ 8:01 AM 
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