Wyden report details $100B 'bonanza' to health care industry from tax law

Pharmaceutical, health insurance and other health care corporations will receive $100 billion in tax cuts over the next 10 years under the new tax law, according to a report released today by U.S. Sen. Ron Wyden, an Oregon Democrat. The report details a "bonanza" the health care industry will receive from corporate tax cuts, stock buybacks and offshore accounts. “Millions of working Americans lie awake at night wondering how to make ends meet. Do they pay for their electric bill or their child’s…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news