Posts tagged pharma
1. We need a more progressive tax system. The rich should pay more and there should be greater income parity. The U.S. has one of the highest corporate income tax rates in the industrial world, but so many deductions and subsidies exist that it is ineffective. Corporations actually show a profit on taxation (tax credits). The lessening of the influence of these special interests would go a long way toward establishing tax parity among corporations whether large or small, and that would permit a lowering of the actual corporate tax rate.
2. Corporate personhood needs killed.
3. The law prohibits Medicare from negotiating drug prices with the large pharmaceutical companies, and that provides high prices in a guaranteed market for them. At the same time, the public is paying to educate the specialists who sustain the pharmaceutical companies.
4. Adequate funding is necessary but doesn’t guarantee people will take advantage of their education. But globalization has ended the availability of high school level jobs – those are the jobs which have been almost completely shipped abroad.
5. The safety net needs expanded. That means that taxes need to increase somewhere. All the hype about job creation if the rich keep their money has proven to be false.
6. We ought to consider mandatory service in a developing country for, say, 2 years.
1. Agricultural subsidies need to be reduced. Grains are shipped worldwide, and undercut local farmers in other nations as well as here.
2. Regulation of financial firms needs to be strengthened so investors’ money is not so much at risk.
3. The homogenization of America needs to be reversed. Every town looks like every other town, with chain outlets everywhere. Mom and Pop stores are almost driven out.The Work pressures by these corporations on employees has become too intense.
4. Single payer health insurance needs to be introduced.
5. Pharmacy benefit managers, which are the actual firm dictating drug prices for patients of health insurance corporations need to be brought back under control and the proposed monopoly by by Medco and Express Script ended. That would lead to 50% of the market in a single firm’s hands.