Big Pharma is poised to reap huge rewards from the GOP tax bill

[applegrove]

REBEKAH ENTRALGO at Think Progress

https://thinkprogress.org/big-pharma-reap-rewards-from-gop-tax-bill-1c866984d78a/

"SNIP........

Americans For Tax Fairness, a political advocacy group devoted to tax reform, released a report last week analyzing the tax bill’s effect on the pharmaceutical industry. Big Pharma stands to reap billions of dollars from the tax bill, and not a penny of that will “trickle down” to American workers, according to the report.


Tax cut estimates have only been released for five of the ten largest pharmaceutical companies in the United States, but when it comes to those five, a savings of $6.3 billion dollars is potentially in their future.

.......

Pfizer predicts the company will receive a tax cut of over $1 billion in 2018 alone, for instance, and that it will pay a tax rate of just 17 percent — much lower than what many working families pay.

.......SNIP"

[Eliot Rosewater]

1. I pay more. This makes perfect sense to me if you remember that

people making $15 an hour took time off of work to vote FOR this shit.

They are that stupid, that racist.

[BigmanPigman]

2. I hope the moron's working class base

gets hit hard by this and the increasing gas prices. They can boo hoo all the way to the Nov polls. Unfortunately tons of rational, thinking people will also get hurt but we expected this (including me). If getting Dems in the House majority is the reward for the suffering we have been subjected to then it is almost worth it.

[Soxfan58]

3. So

My drug prices are going down?

[ProudLib72]

4. Shkreli is kicking himself for being so impatient

[Yo_Mama_Been_Loggin]

5. Kick