[dTal]

Why would there be lots more innovation with a low tax? In the limit, that's the system we have now (0% patent tax, companies are free to price their patents however they want).

[AmpsterMan]

The assumption there is that the current system is already highly innovative in the U.S., which is generally accepted as true.

[dTal]

But the premise of this entire thread is that "With no prospects for profits, big pharma neglects new infectious diseases".