Can we remove pharmaceutical ads from television?
Kids don't need to hear that Eliquis may cause bleeding while watching the Macy's Day Parade.
Kids don't need to hear that Eliquis may cause bleeding while watching the Macy's Day Parade.
“Under current law, drug manufacturers are allowed to deduct the cost of advertising expenses from federal taxes.”
“Advertising expenses by pharmaceutical drug manufacturers have more than quadrupled over the past two decades, rising from $1.3 billion in 1997 to $6 billion in 2016.”
.@SenSherrodBrown introduced legislation in 2019 that “would prohibit pharmaceutical drug manufacturers from claiming tax deductions for consumer advertising expenses.”
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