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Considerable Questions About Healthcare Costs

 
 
Reply Wed 17 Oct, 2018 08:12 am
How much money is spent by pharmaceutical companies each year on television advertising?
Would that money be considered taxable income if it wasn't spent on advertising?
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Type: Question • Score: 0 • Views: 250 • Replies: 4
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Ponderer
 
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Reply Wed 17 Oct, 2018 08:44 am
@Ponderer,
I meant "PROFIT" (not "income")
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engineer
 
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Reply Thu 18 Oct, 2018 11:13 am
@Ponderer,
Money spent on adverting is a business expense and is tax deductible, but if you don't advertise, you will get fewer sales so lower profit. If you believe in a completely efficient business, then a business advertises at the exact rate necessary to optimize profit, so less advertising => less sales => less taxes.
Ponderer
 
  1  
Reply Thu 18 Oct, 2018 04:33 pm
@engineer,
Thank you. I understand that it is a business, and therefore about optimizing profit. I really didn't expect an answer. The questions were just for consideration.

From the poem Waiting for the Waiter- (last lines)

One picks up his gleaming fork
As the waiter pops the cork.

Ponderer
 
  1  
Reply Thu 18 Oct, 2018 04:36 pm
@Ponderer,
Earlier lines-

One man sells his car for pills.
Another profits from the ills.
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