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Encourage R&D

Danny Bigel, Founder

A very insightful read on the R&D Credit:

https://www.forbes.com/sites/forbesfinancecouncil/2020/02/28/federal-government-must-fix-research-credits/#42c196e517a3

When employed as an instrument of innovation, no economic vehicle has proved more effective than C&I. And no single program has proved more central to that innovation than the R&D credit. To me, the central part of any revision to the R&D credit (which should be as permanent as Social Security in my opinion) must be done paying key attention to the role that the credit plays in maintaining the US’s competitiveness in the global marketplace. Research, and more to the point, research costs are a prerequisite to the kind of innovation that moves society itself forward. Solar, medical - the pillars of the coming decades are being forged today through the R&D credit.