WASHINGTON — A tax policy group here is trying to rally outrage over last year’s Republican-backed tax cut by pointing to one of its main beneficiaries: the pharmaceutical industry.
Americans for Tax Fairness, a coalition of left-leaning groups that advocate for placing a heavier tax burden on corporations and the wealthy, said in a report that drug companies are “among the biggest winners from the Trump-GOP tax cuts, but they are sharing few of the benefits with their employees and are offering no pricing relief to their customers.”
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It’s an irony that who charges $200,000 to become a member of his club saying that drug companies should be ashamed. https://news.alphastreet.com/trumps-message-doesnt-hurt-pfizer-and-other-drugmakers/
Seems as if this group is merely reporting the truth. Did the drug companies raise the lower 50% or its employees’ wages to at least $15/hr??
If they don’t have an employee stock purchase plan available to all, then stock buybacks DO BENEFIT ONLY THE TOP LAYERS OF MGMT!!