You know what else I find interesting. I've recently seen arguments against cheaper medicine because "the US subsidizes the entire world, that's why they get to have insuling for $8 and we pay $100." But I thought you didn't want to pay for other people's problems, so why are you okay with paying for the whole world :agony-shivering:
Doesn't even work that way for most profits in America anymore. Profits from pharma because of the way American corporate taxes work are given mostly out as bonuses, buying other companies, and dividends.
Long gone since places like IBM had even 10% of their profits folded back into research and development. Why would they? With regulatory capture of the CDC something like half of all pharma research is now subsidized by taxpayers via grants or directly through state/federal institutions. Similar in other industries. Want to know how oil/gas companies received 100's of billions in loans/grants over the years?
You know what else I find interesting. I've recently seen arguments against cheaper medicine because "the US subsidizes the entire world, that's why they get to have insuling for $8 and we pay $100." But I thought you didn't want to pay for other people's problems, so why are you okay with paying for the whole world :agony-shivering:
Doesn't even work that way for most profits in America anymore. Profits from pharma because of the way American corporate taxes work are given mostly out as bonuses, buying other companies, and dividends.
Long gone since places like IBM had even 10% of their profits folded back into research and development. Why would they? With regulatory capture of the CDC something like half of all pharma research is now subsidized by taxpayers via grants or directly through state/federal institutions. Similar in other industries. Want to know how oil/gas companies received 100's of billions in loans/grants over the years?
Because that money is killing brown people