email from Bernie Sanders, 3/18/16 [n.b. Besides scheming to use a technicality to drop out of the US tax system, Pfizer has also refused to meet its legal obligations, in its role as Wyeth’s successor, to the Borough of West Chester, and has gone to court, at great cost to Borough taxpayers, to stop paying the contracted sewage fees. If Pfizer doesn’t pay, the rest of us in the Borough will have to pay the $750,000 a year Pfizer contracted for when it purchased Wyeth.]
I want to tell you about something that encapsulates so much of what is wrong with our economy, our government, and our corrupt political system. Then I’m going to ask for your help to stop it.
Pfizer is a giant pharmaceutical company based in New York City that has a history of overcharging Americans for prescription drugs. It’s in the process of trying to merge with another company located in Ireland.
If the merger is successful, Pfizer would technically become a foreign company, meaning it could dodge around $35 BILLION in corporate taxes here in America.
Enough is enough. Pfizer and other pharmaceutical companies cannot be allowed to evade taxes and rip off American patients who already pay the highest prices in the world for prescription drugs. Continue reading
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