All I know is charging people 140,000 a year for a drug they need to take for the rest of their life to live is an outrage.
All I know is charging people 140,000 a year for a drug they need to take for the rest of their life to live is an outrage.
Is that the same company that offers help to those who can't afford the drug??
http://forums.anandtech.com/showpost.php?p=36784387&postcount=14
They still make over 4 billion a year on 1 drug, it is a most 70% of their income.
We need an excessive wealth tax. 5% tax on net wealth from 1 to 10 million, 10% on wealth from 10 to 100 million, and 20% tax on all net wealth over 100 million. This will be every year.
All I know is charging people 140,000 a year for a drug they need to take for the rest of their life to live is an outrage.
So that means it will take 7 years just to recoup the costs of R&D, never mind any other costs like manufacturing, advertisement, distribution, etc, etc.
Calm down and take a deep breath.
Please tell me how much I should make. I need to know if I am making too much money. Its a simple question.
I posted limits on wealth already, companies should be fined for compensation over 5 million a year, a 200% fine for each dollar of compensation over 5 million annually. Self employed people should have a 25% fine for each dollar of self employed income over 5 million. This is in addition to income tax.
Income tax also needs to be raised to 50% at 1 million.
No needs to make millions a year, and no one should be allowed to.
Calm down and take a deep breath.
Please tell me how much I should make. I need to know if I am making too much money. Its a simple question.
I posted limits on wealth already, companies should be fined for compensation over 5 million a year, a 200% fine for each dollar of compensation over 5 million annually. Self employed people should have a 25% fine for each dollar of self employed income over 5 million. This is in addition to income tax.
Income tax also needs to be raised to 50% at 1 million.
No needs to make millions a year, and no one should be allowed to.
I posted limits on wealth already, companies should be fined for compensation over 5 million a year, a 200% fine for each dollar of compensation over 5 million annually. Self employed people should have a 25% fine for each dollar of self employed income over 5 million. This is in addition to income tax.
Income tax also needs to be raised to 50% at 1 million.
No needs to make millions a year, and no one should be allowed to.
The minimal amount to prevent exposure and starvation. Any more than that is stealing from the needier among us and denying the funds needed to build the model society Eskimospy and his ilk dream of. And you should be cleaning the poor people's bathrooms while you're at it to make it more fair.
This "income inequality" thing is still talked about and I don't understand it.
How much should a corporation make?
How much should a person make?
How much should a person get paid not to work?
On a related note, how is it right that I have to work my butt off to put food on the table, a roof over my family's head, internet and phone service, 2 cars, heat, ETC. but millions of people do not have to work to get those things? How is it right that the government takes money from me, to pay for those things for other people?
Change patents to 20 years or until total revenues are 300% of R&D.
As far as I am concerned equal pay for equal work. None of this take advantage of people and pay them poorly for hard work just because you can shit.
Agreed.... just don't touch incomes below half a million, they are taxed appropriately right now.
I posted limits on wealth already, companies should be fined for compensation over 5 million a year, a 200% fine for each dollar of compensation over 5 million annually. Self employed people should have a 25% fine for each dollar of self employed income over 5 million. This is in addition to income tax.
Income tax also needs to be raised to 50% at 1 million.
No needs to make millions a year, and no one should be allowed to.
So the guy sweeping the floor should get paid the same amount as the CEO?
OldGamer said:As far as I am concerned equal pay for equal work. None of this take advantage of people and pay them poorly for hard work just because you can shit.
Or just let them charge what the market will pay for the drugs rather than letting the government decide who the winners and losers are.
Wow, that is hard core. You actually want to remove government from the equation by eliminating government patents?
Personally, I think pharmaceuticals would rather agree to profit limits in exchange for government agreeing to eliminate competition for sufficient time to make that profit.
I didn't say remove patent, but what the hell good is a patent if you are only allowed to collect revenue that takes 7 years just to recoup R&D cost? That's just the break even point for one expense. Factor in the other expenses and you are easily looking at over 10 years just to break even, never mind make an actual profit. There isn't a business in he world that would take on that venture day after day.
Then take it away from private industry altogether and have the federal government fund the research and development. Take out the profit motive altogether. It would be much more cost effective for the American people.
Then take it away from private industry altogether and have the federal government fund the research and development. Take out the profit motive altogether. It would be much more cost effective for the American people.
Agreed.... just don't touch incomes below half a million, they are taxed appropriately right now.