U.S. Reps. Jerrold Nadler (D-N.Y.) and David McIntosh (R-Ind.) introduced legislation to ensure that any settlements paid to Holocaust survivors and their heirs are exempt from federal income taxes. Allowing survivors to keep the entirety of the sums they are being paid as compensation for plundered assets is “nothing less than common decency,” Nadler said. Similar legislation has been introduced in several state legislators to exempt the settlements from state income taxes.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
