2025 fourth_quarter Filing

Legislation or regulations affecting the tax treatment of advertising, including but not limited to opposing proposals to limit or eliminate the federal business tax deduction for advertising expenses. Oppose legislation or regulations which would prohibit or restrict the truthful advertising of legal products or services.

No position on comprehensive tax reform generally. Oppose proposals to tax or limit the federal tax deductibility of advertising as a normal and necessary business expense. Oppose proposals to tax online or digital advertising. Oppose efforts to reduce or eliminate the deductibility of advertising for specific products, such as direct to consumer advertising of pharmaceuticals.