A double whammy for Florida: Tax reform and hurricanes
According to a study by the Brattle Group, the effect of imposing new taxes on reinsurance could lead to a $18.3 billion drop in the “net” supply of reinsurance, with the biggest impact on Floridians. As one think tank expert from the R-Street Institute opined, tax reform is needed, but it should not make “Americans poorer and less safe.”
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