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Americans who earn well may have to pay as much as 37% of income in taxes each year. But not so the pharmaceuticals. For 2022, eight Big Pharma companies scooped a combined $110 billion in profits, but they only paid a combined $2 billion in U.S. taxes. That's about 2%. They exploit the free market.

United statesDurango heraldBiomedical advanced researchResearch on multinational corporationsUs department of healthInstitute for new economicHuman servicesDevelopment authorityKaiser family foundationBig pharmaBig businessMultinational corporationsAdvanced purchase agreementsDollars funded every new pharmaceuticalLast decadeNew economic thinking