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Photo: Michael Nagle/Bloomberg via Getty Images

Express Scripts is suing the U.S. government, according to a lawsuit filed this week. The pharmacy benefit manager, owned by health insurer Cigna, is demanding $43 million in tax refunds from 2010 and 2011, alleging the IRS wrongfully denied the company's use of a now-repealed income tax deduction.

The bottom line: Cigna, one of the largest medical and pharmacy benefit administrators in the country, is suing for an amount that equates to 0.5% of its net profit in 2020 — a year in which the company boosted income as people delayed care due to the pandemic.

Go deeper

Sep 16, 2021 - Politics & Policy

White House fights for extra IRS funding

Illustration: Sarah Grillo/Axios

The Biden administration is aggressively defending its plan to invest $80 billion in the IRS to bring in an estimated $700 billion in new revenue, a memo obtained by Axios shows.

Why it matters: President Biden and his team view tax enforcement as one of the most politically palatable ways to help pay for their new spending plans, from universal preschool to free community college — especially in light of Republican criticism.

8 mins ago - World

Kremlin says U.S. written responses ignored Russia's main NATO demand

Sergey Lavrov. Photo: Dimitar DilkoffI/AFP via Getty Images

Russian Foreign Minister Sergey Lavrov said Thursday that the United States' written answers to Russia's security demands do not contain a "positive response" to the Kremlin's top priority, which is a freeze on NATO expansion, according to Russian state media.

Why it matters: A spokesperson for the Kremlin stressed that no conclusions will be drawn until Russian President Vladimir Putin has time to analyze the papers, but a lack of movement on Russia's core concerns means the crisis over Ukraine is unlikely to de-escalate.

How your plumber could lead the electric vehicle revolution

Ford Pro Intelligence gives farmers access to important data on every vehicle – whether gas-powered or electric. Image courtesy of Ford.

Businesses like farmers, contractors and delivery companies — not individual consumers — will lead America into the electric vehicle era, judging from how demand is currently shaping up.

Why it matters: While consumers are waiting on the sidelines to see if the charging infrastructure improves and prices come down, commercial businesses see EVs as a way to boost their productivity and improve operations.

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