Ad Age, Los Angeles Times
The draft for health-care reform outlined by the U.S. House Ways and Means Committee upholds the federal tax deduction for prescription-drug advertising, Merissa Miley reports. "This is a significant accomplishment, achieved in large part because of the outstanding grass-roots response of the advertising industry," Clark Rector, evp/government affairs for the American Advertising Federation, writes in a memo to members.
L.A. Times columnist
Dan Neil had no fear for the drug ad tax deduction since, as he points out, Big Pharma "disgorged more than $234 million upon Capitol Hill last year." Of more pressing concern, however, is …