Today, U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Finance Committee, and Representative Jan Schakowsky (D-Ill.) wrote to five major pharmaceutical companies, calling them out for paying $0 in federal taxes for profit earned last year, despite earning billions of dollars. These companies, which are Abbvie, Pfizer, Amgen, Merck, and Johnson & Johnson, have taken advantage of tax loopholes created by President Trump’s 2017 tax bill and have lobbied for even more tax giveaways.
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Oh no they were called out with a letter! This will change everything.
Hey, it was very strongly worded I’ll have you know. Didn’t even say ‘sorry for bothering you’.