We’re #27: The United States Lags Far Behind in R&D Tax Incentive Generosity

At a time when Washington is desperate to find ways to spur economic growth and job creation, somehow one of the best tools at policymakers' disposal, the R&D tax credit, has been allowed to expire and its fate is far from certain. Against this backdrop, ITIF's forthcoming report ranks the United States 27^th in terms of generosity in comparison with competing countries. This is putting U.S. firms at a major disadvantage in the global innovation race.

Join ITIF and Representative Kevin Brady (R-TX), a House sponsor of a bipartisan bill to expand and make permanent the R&D credit, and veteran tax counsel Evan Liddiard for a discussion of the urgent need to retain this tool for innovation-based global competitiveness.