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
Borough of West Chester, Pennsylvania
Press Release 7/17/14
On July 13, 2014, following a week-long trial, the Chester County Court of Common Pleas found in favor of the Borough of West Chester on all of its claims in its recent lawsuit with Wyeth Pharmaceuticals, Inc.
The dispute stemmed from a 1984 agreement that required Wyeth to pay its fair share of certain costs incurred by the Borough in operating the Goose Creek Waste Water Treatment Plant, which was designed and built in large part to accommodate waste water produced by the Wyeth plant formerly located on the corner of South Bolmar and East Nields Streets in the Borough.
The Court found that the agreement remains valid and enforceable and that Wyeth must continue to make the quarterly payments required under the agreement. The Court also determined that Wyeth must pay the Borough $1,719,235.27 representing the payments Wyeth refused to make through the third quarter of 2013.
The Borough remains hopeful that Wyeth, now controlled by Pfizer, Inc. will demonstrate corporate responsibility by abiding by the Court’s decision, bringing their past due sewer account up to date, and paying their future obligations in a timely fashion.
The Borough was represented by Sigmund Fleck and Anthony Brichta of Buckley Brion McGuire & Morris LLP.
Jordan C. Norley
President of Council
West Chester Borough