Pfizer reacts to tax bill: increases buybacks, lays off workers, cuts Alzheimer's research

[highplainsdem]

Noted in a tweet from Matthew Yglesias, which was retweeted by Dan Pfeiffer:

Link to tweet

Pfizer is reacting to the tax bill by increasing buybacks, laying off workers, and cutting back on Alzheimer’s research.

The articles shown in the image posted by Yglesias:

https://www.bloomberg.com/gadfly/articles/2017-12-19/pfizer-buyback-dividend-hike-tax-cut-fruits

https://www.wsj.com/articles/pfizer-ends-hunt-for-drugs-to-treat-alzheimers-and-parkinsons-1515267654

[democratisphere]

1. Pharmaceutical companies are part of the American Criminal Enterprise

healthcare system.

[uponit7771]

2. K&R

[Ilsa]

3. kick & rec. "Liked" the tweet as well.

How many researchers or assistants will lose their jobs?

[Matthew28]

4. Plain evil

but this is the reality of our current system. People need to understand that most of these corporations don't give two craps about Americans and they're already paying next to nothing...

Deregulating isn't going to solve crap...Going to make it worse.
Cutting corporate taxes = more more money for the stock holders and the rich.