Tuesday, 19 July 2016 00:00
By The Daily Take Team, The Thom Hartmann Program | Op-Ed
After these giant drug companies make all that money from selling drugs invented by taxpayer-funded research, they then stash that money overseas to avoid paying taxes on it.
As Senators Sanders points out in a new editorial about this very issue, "Patients with hepatitis C are often low-income and a disproportionate number of them are veterans. Yet many Medicaid programs have had to limit access to the drug, and despite spending literally billions of dollars on the new hepatitis C drugs, the Department of Veterans Affairs initially struggled to provide the medication to every veteran who needed it."
The fact that people are struggling to get the medicine they need because some Big Pharma executive wants to buy a new yacht is bad enough, but as Sanders goes on to point out, what's really obnoxious about Gilead is that, like many other pharmaceutical companies, it's a serial tax dodger.Continue reading...
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An excellent op-ed by Bernie Sanders
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