Tag Archives: chopping

DTC tax deductions back on the chopping block—and this time, the ax might just fall

The new Senate is once again sharpening its ax to cut pharma’s DTC advertising tax deduction. But this time, the measure is backed by a powerhouse group of well-known Democrats, including several who’ve said they’re interested in becoming the party’s 2020 presidential nominee. The reintroduced three-page bill would amend the IRS tax code to remove the full… Read More »