Source: CounterPunch
by Dean Baker
“Suppose someone proposed to tax the country $500 billion a year — which comes to $4,000 per household annually, and more than $6 trillion if we do the scoring over a decade. And then they propose taking this tax revenue and handing the money to the pharmaceutical industry. My guess is that the proposal would be a big topic of debate and likely get many people very angry. That is what government policy is doing now, but we call the taxes ‘patents,’ so no one pays attention to the massive amount of money that the government effectively taxes from us and hands to the pharmaceutical industry.” (03/25/25)
https://www.counterpunch.org/2025/03/25/patent-monopolies-the-biggest-tax-no-ones-heard-of/