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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPfizer reacts to tax bill: increases buybacks, lays off workers, cuts Alzheimer's research
Noted in a tweet from Matthew Yglesias, which was retweeted by Dan Pfeiffer:
Link to tweet
Pfizer is reacting to the tax bill by increasing buybacks, laying off workers, and cutting back on Alzheimers research.
The articles shown in the image posted by Yglesias:
https://www.bloomberg.com/gadfly/articles/2017-12-19/pfizer-buyback-dividend-hike-tax-cut-fruits
https://www.wsj.com/articles/pfizer-ends-hunt-for-drugs-to-treat-alzheimers-and-parkinsons-1515267654
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Pfizer reacts to tax bill: increases buybacks, lays off workers, cuts Alzheimer's research (Original Post)
highplainsdem
Jan 2018
OP
democratisphere
(17,235 posts)1. Pharmaceutical companies are part of the American Criminal Enterprise
healthcare system.
uponit7771
(90,364 posts)2. K&R
Ilsa
(61,698 posts)3. kick & rec. "Liked" the tweet as well.
How many researchers or assistants will lose their jobs?
Matthew28
(1,798 posts)4. Plain evil
but this is the reality of our current system. People need to understand that most of these corporations don't give two craps about Americans and they're already paying next to nothing...
Deregulating isn't going to solve crap...Going to make it worse.
Cutting corporate taxes = more more money for the stock holders and the rich.