Saturday, April 13, 2019

4 pharma companies saved $7 billion from GOP tax law




"Who really benefitted from the Trump and Republicans' tax cuts? Well, just 4 pharmaceutical companies -- Johnson & Johnson, Pfizer, Merck and Abbott Laboratories -- saved $7 billion thanks to the corporate tax overhaul, according to a new report. Meanwhile, the same companies have continued to increase prescription drug prices.
These tax cuts will go down as one of the biggest heists in American history -- draining billions of dollars to make the rich even richer under the guise of trickle-down economics. Another cruel joke brought to you by Trump and Republicans in Congress. Your thoughts?" Robert Reich




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But pharma R&D did not increase, and prices did not decrease.












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