Drug companies questioned about pandemic relief tax break, opioid settlement costs

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The House Oversight Committee on Friday sent letters to four large drug manufacturing and distribution companies to determine if they plan to use a COVID relief tax provision to boost deductions for the costs of opioid settlements.

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In the letters to Johnson & Johnson, Cardinal Health, McKesson and AmerisourceBergen, Democrats on the committee expressed concern that the change would be used by the companies against the reported $26 billion they agreed to pay to communities impacted by the"The American people should not be on the hook for hundreds of millions of dollars for your company's role in fueling the opioid crisis," they wrote.

"AmerisourceBergen has no plans to use the CARES Act tax provision with regards to any opioid settlement costs and we will share that information with the House Committee on Oversight and Reform as appropriate," a company spokesperson told ABC News.

 

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Those doofuses wrote the law, it’s THEIR fault if the opioid pushers take advantage of it.

good luck

Should've been stricter penalties. Opioid addiction is still prevalent, and killing people.

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OMG they sent letters. The letters contained what was already negotiated, none to your favor, and a press release followed ao you can be happy about things u dont even know u were fucked about. Good luck and i think walgreens has some taxpayer funded anal crwam to assist pain

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