Government

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NACDS joins coalition opposing Border Adjustment Tax

More than 200 members of Americans for Affordable Products state in letter to politicians that BAT is tantamount to “a ‘cost of living tax’ that will make the lives of millions of middle-class Americans harder and more expensive.”

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Alabama independents fighting to exclude prescription revenue from gross receipt calculations

Approximately 530 Alabama independent drug store owners are seeking relief of as much as $5,000 per store per year in business license fees by excluding prescription sales from gross receipts, according to a report published Friday by the Alabama Media Group. State legislation has been introduced to that end, but is opposed by local municipalities looking at stark revenue reductions. "Cities like Montgomery and Mobile claim the hit would be excessive," the report noted. "In Mobile, city officials estimate that computing a store's gross sales by including prescription medicine has brought in an average of $465,000 annually for the past five years." (AL.com)

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Health care leaders gather in Washington

Panelists offered perspectives on efforts currently underway to move the healthcare system toward one that rewards innovation, delivers better quality and puts the patient at the center of the value equation.