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Walgreens. they are all trading higher on friday. one of the key points, these are the biotechs as well. making again naric drugs for low income older people on medicare. this is one of the bright spots. they can't shoot this down. just let people know, one idea when we see all of these is the pharmaceutical companies are going to publicize the cost of the pills. some people say this may shame the pharmaceutical companies into lowering their own prices because they don't want to deal with a p.r. backlash. another idea is to up end the rebate system which for the most part has been a private co...

Whoever those middlemen were, and some people never even figured it out, they are rich. >> this plan also calls for scaling back the rebate system, addressing pouring foreign sub, and getting generic drugs to the market place faster. the hhs secretary is alex azar, a former pharma executive in his own right. he said he could be trusted to reduce the charge for drug prices because he knows how to change the formula or incentivize a system that brings about lower list prices. >> the math doesn't work. the system doesn't make that work. my job now with the president's commission is to make that w...

Children and grandchild will experience in big storms if we don't get behind this and start resolving it. >>stuart: you have a rebate system that stops middle income and poor people from paying it but business would? >>guest: absolutely. the american interprice institute prefer the carbon tax to, for instance --. >>stuart: they prefer nothing. they do not want any tax but if they have to have one they want a straightforward tax. you think we will get it? >>guest: i do. it will be the republicans proposing it. >>stuart: the republicans the propose this? you might be right, the right would prefe...

Know we talked about it, a value added tax, that hits everybody, right? but supposing you rebate some of that treasury revenue and give it back to middle class people and poor people by a rebate system, you could do that. and the president could then turn around and say, well, i really did meet my campaign promise. >> won't that be an interesting thing because you've said that before on this show and i haven't heard it very many other places. >> no. >> in other words, it would be -- again, it would be -- >> it goes everywhere. >> again, it would -- >> it's my idea. you can blame me. >> we will...

Spending, ok? everybody pays. i'm hearing that it's quite possible you'll have a rebate system for low income earners so the money flows into the treasury but then goes back out to some people with an earned income tax credit that's already in place. people already get checks in january for the earned income tax credit. you could rebate a value added tax in precisely the same way and make it egalitarian. >> there would be a revolution i think if that happens. >> it would be a revolution if you get any kind of vat because you're profoundly shifting the nature of your -- >> i mean a revolution a...