Structured settlements expert John Darer reviews the latest structured settlements and settlement planning information and news, and provides expert opinion and highly regarded commentary. that is spicy, Informative, irreverent and effective for over 20 years.
The STRUCTURED SETTLEMENTS 4REAL® Blog is a highly regarded source for structured settlement news, information, and commentary, led by structured settlement and settlement planning subect mater expert John Darer CLU ChFC MSSC CeFT RSP CLTC. With two decades of operation, the blog and 4structures.com are recognized as comprehensive resources, offering detailed guides and specialized insights. Established in 2005, the blog caters to a broad audience, including legal professionals, injured individuals, families, and various stakeholders, providing reviews and opinions on settlement planning. John Darer, President of 4structures.com LLC, is a seasoned structured settlement expert with over 40 years of financial services experience and 31 years specializing in structured settlements. Based in Stamford, CT, he is a Certified Financial Transitionist and Registered Settlement Planner, holding insurance licenses in 45 states and the District of Columbia. John Darer is dedicated to transparency and advocacy, he emphasizes the importance of engaging trained and licensed professionals for settlement planning, offering valuable insights through his investigative journalism and professional commentary.
“Jester’s” we got over our hangover from the mental gymnastics of Patrick Hindert’sJoint Commiteeon Taxation “Surprise Party” (click for our report and retort), Bloomberg Business Week has come out with some statistics that make the structured settlement tax subsidy look like a tempest in a teapot.
Mortgage interest deduction – $77 billion
Earned income tax credit – $55 billion
Child tax credit -$54 billion
Charitable contributions -$35 billion
Real estate tax deduction – $21 billion
Medical deduction – $9 billion
The above stats represent the loss to the US Government for each of the tax breaks. Compare them to these “quaking” statistics
Value of exclusion for damages on account of personal injury $7.9 billion annually
Structured settlement tax subsidy as measured by JCT $12.5 million annually
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