Big Pharma's outrageous, despicable multibillion-dollar tax

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.

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