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Wildfire Survivors Seek Tax-Free Payouts
Published 1 week, 4 days ago
Description
Thousands of wildfire survivors in California, Colorado, Hawaii, and Oregon received upfront settlements, but face potential taxes on the money unless Congress passes a bipartisan bill to shield wildfire payouts from taxes through 2026. Survivors are struggling to rebuild, facing million-dollar costs and insurance limitations, and need certainty to avoid benefit cuts.
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