Time: Sun Nov 03 06:58:14 1996 To: Nancy Lord <defense@macon.mindspring.com> From: Paul Andrew Mitchell [address in tool bar] Subject: Recently Asked Questions Cc: Bcc: Thanks, Nancy. Erin is one of Us. /s/ Paul Mitchell At 08:46 AM 11/3/96 -0500, you wrote: >At 10:13 PM 11/2/96 -0700, you wrote: >>Nancy, >> >>Can you please help Erin with >>answers to some, if not all, >>of these questions? >> >>Thanks. >> >>/s/ Paul Mitchell >> >> >>> >>>================[ Distributed Message ]================ >>> ListServer: TAB (Take America Back Mail List) >>> Type: Not Moderated >>> Distributed on: 02-NOV-96, 21:50:00 >>>Original Written by: IN:donelle@snowcrest.net. >>>======================================================= >>> >>> >>>RAQ's:(Recently Asked Questions:) >>> >>>I often get asked questions I don't >>>readily have answers for. Here are >>>three: >>> >>>#1: >>>Is it true that physicians are rewarded >>>50% of the money spent on perscriptions >>>written by them, from the pharmecutical >>>companies? > > NO. They get: free samples (dangerous, >a friend recently was given a new diuretic when >she had asked for a pain killer!), pens, pads & >other office junk, and, if they publish in an area >they get "junkets" - - trips to the Caribean, Vegas, >etc., to discuss publications about clinical trials >they are performing for the companies. > But these are not every doctor, just the ones >who do work for the companies. > >>> >>> >>>#2: >>>Is it true that pharmecutical companies >>>don't pay income tax? >> >>This one is a new one on me. >>Since most of them are corporations, >>and corporations are generally taxed >>on their "limited liability" privilege, >>as a creature of the state, I would >>look for an explicit exemption, of which >>I am not aware within the Internal Revenue >>Code. I do know that the Federal Reserve >>Banks are exempt from income tax, even >>though they are private corporations. >>See Lewis v. United States, 9th Circuit, >>1982 (I believe). > > No specific exemption, to my knowledge. >BUT, with the money they spend on R & D, that >is not recovered for 10 years or so, it would >not surprise me in the least. > Also, the company itself does not make that >much money. The money goes to salaries at >all levels. The real honchos make high six figures, >and even the research associates are paid a lot >more than they would get doing something else. > That's why people work for corporations. >> >> >>> >>> >>>#3: >>>Is it true that in 1954 the Eisenhower >>>administration made a deal with Mexico, >>>Central and South America to bring in >>>a certain amount of cocaine to help those >>>country's economies? >> >>There might be an answer to this >>question in John Coleman's book, >>"The Committee of 300," which >>spends a lot of time discussing >>the Far East India Company and >>its successors in interest. >>Far East India dates back to >>the opium wars and the Boxer >>Rebellion (not Barbara Boxer, >>mind you). > > > I have no idea on this one. > >Nancy >> >>/s/ Paul Mitchell >> >> >>> >>> >>>If anyone has answers, or leads, it would >>>be appreciated. >>> >>>In Liberty Only, >>>Erin >>> >>>donelle@snowcrest.net >> >>=========================================================== >>Paul Andrew, Mitchell, B.A., M.S.: pmitch@primenet.com >>ship to: c/o 2509 N. Campbell, #1776, Tucson, Arizona state >>=========================================================== >> >> > >
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