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Business Week reports:

On Oct. 8, Senator Al Franken (D-Minn.) introduced a bill proposing that drugmakers no longer be allowed to deduct marketing expenses from their taxes, as companies generally can. "This legislation will remove these benefits so pharmaceutical companies can focus on developing new drugs, not excessive marketing schemes," Franken's office said in a statement.

Developing new drugs is a great idea! Of course, that will requite money. Now where would that come from?

Posted by edelfenbein at November 6, 2009 12:05 PM