Every wealthy nation but the U.S. provides universal healthcare. They all provide much more subsidized higher education. They do theses things without taxing people to death. Do you have any evidence to support your belief?
It seems the barbarians are certainly at the gates. Oh well, we had a good ride.
[Roche](https://en.wikipedia.org/wiki/Hoffmann-La_Roche) [Merck](https://en.wikipedia.org/wiki/Merck_Group) [Bayer](https://en.wikipedia.org/wiki/Bayer) [Sanofi](https://en.wikipedia.org/wiki/Sanofi)
Even supposing all pharmaceutical innovation comes from the U.S. still does not show that without the U.S. there would be none. Clearly there is a market for drugs and the U.S. is not the only country with research capabilities.
Taxes are not that much higher elsewhere. People are not being taxed to death elsewhere.