There's a destructive campaign underway to encourage government confiscation of patents from pharmaceutical…
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Image of the Day: Private Pharma Investment Dwarfs Federal NIH Funding

There's a destructive campaign underway to encourage government confiscation of patents from pharmaceutical innovators and dictate the price for Remdesivir and other drugs.  That's a terrible and counterproductive policy under any circumstance, but particularly now that private drug innovators are already hacking away at the coronavirus.  In that vein, this helpful image illustrates the vast disparity between private investment and National Institutes of Health (NIH) funding that some seem to think justifies patent confiscation, price controls or other big-government schemes:

 

[caption id="" align="alignleft" width="964"] Private Investment Dwarfs NIH Funding[/caption]…[more]

June 01, 2020 • 10:24 AM

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Home Press Room CFIF Files Comments in Support of IRS Rulemaking to Protect Donor Privacy by Reducing Schedule B Filing Requirement for Certain Nonprofits
CFIF Files Comments in Support of IRS Rulemaking to Protect Donor Privacy by Reducing Schedule B Filing Requirement for Certain Nonprofits Print
Wednesday, December 11 2019

In formal comments filed with the Internal Revenue Service (“IRS”) this week, the Center for Individual Freedom (“CFIF”) offered strong support for the IRS’s proposed rulemaking to eliminate the requirement that certain nonprofit organizations provide the names and addresses of contributors on Schedule B of their annual 990 tax filings.

As CFIF notes, "the Proposed Rulemaking would help protect the First Amendment rights of subject organizations and their citizen donors, without negatively impacting the legally permissible handling of the nation’s tax laws or 501(c) organization tax filings."

Read CFIF’s comments here (PDF)

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