Latest News

STAT Plus: Once again, lawmakers introduce a bill to end tax breaks for consumer drug ads. Will it work this time?



Once again, lawmakers have introduced legislation to end the tax breaks that drug makers can take for advertising their medicines to consumers, a move that effectively becomes part of a wider package of bills  Democrats are devising rein in the pharmaceutical industry.

The latest attempt comes from Sen. Jeanne Shaheen (D-N.H.), who argues that drug makers are spending too much to market high-priced medicines at a time of growing anger over the cost of prescription drugs. The legislation, called the End Taxpayer Subsidies for Drug Ads Act, would amend the Internal Revenue Code to disallow deductions for such ads.

Continue to STAT Plus to read the full story…

Source link

Related posts

What Are This Year's Most Dangerous Toys?

Newsemia

Medical News Today: ¿De qué tamaño es el pene promedio?

Newsemia

Medical News Today: Social activity in your 60s may lower dementia risk by 12%

Newsemia

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy