US EditionDemocrats press Pfizer, J&J and others over low tax bills and lobbying as Senate debates Trump's plan
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CNBCDemocrats press Pfizer, J&J and others over low tax bills and lobbying as Senate debates Trump's plan
The lawmakers accuse Pfizer, Merck, J&J, AbbVie and Amgen of paying little to nothing in federal taxes despite generating billions of dollars annually.
Mediafax Two Democrats from the United States, Senator Elizabeth Warren and representative of the Jan Schakowski House, have issued a warning signal for the largest pharmaceutical companies in the United States, including Pfizer. Democrats say they would pay very little tax in the US, despite the fact that they get ten billion dollars annually from drug sales according to information provided by CNBC. The two parliamentarians sent out official l…
Democrats press Pfizer, J&J and others over low tax bills and lobbying as Senate debates Trump’s plan – DG Verifications & Stats
The Johnson & Johnson logo displayed on a monitor.Sopa Images | Lightrocket | Getty Images Two Democratic lawmakers on Tuesday pressed five of the nation’s largest pharmaceutical companies about their low tax bills and whether they support extending massive tax cuts for the industry in the GOP reconciliation bill. Sen. Elizabeth Warren, D-Mass., and Rep. Jan Schakowsky, D-Ill., accuse Pfizer, Merck, Johnson & Johnson, AbbVie and Amgen of paying …
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