Brad Setser
Brad Setser

@Brad_Setser

3 Tweets 1 reads Aug 04, 2023
Agree.
It really doesn't make sense for the US to be engaging in de facto tax competition without even getting the revenues. The status quo is a give away to big Pharma, and the Ireland's and Singapore's of the world.
And my Senate testimony.
I was a bit disappointed one side of the aisle spent the entire hearing on pharmaceutical taxation launching populist attacks on the OECD agreement. Still a long way from consensus on needed changes.
finance.senate.gov

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