Taxes and Budget

Tech policy broadly defined becomes more important each presidential election, and this one is no different. As it has in every cycle since 2008, ITIF provides a side-by-side comparison of the nominees’ positions on key issues related to the progress of technological innovation.
Taxes and Budget
Check a box to narrow search for individual content items that cover numerous issues.
December 13, 2018
The reduced tax generosity toward R&D will cost the U.S. economy, because R&D is an important component of national competitiveness and higher living standards.
December 3, 2018
As Joe Kennedy writes for Fox Business, the danger of EU countries subjecting U.S. companies to discriminatory taxes remains high because individual European countries are free to pass their own national laws, even if the EU doesn’t do so as a bloc.
November 14, 2018
In response to a recent Wall Street Journal editorial, Joe Kennedy writes that the European Commission finance ministers’ apparent decision to drop the proposed tax on revenues doesn’t significantly reduce the probability that U.S. companies will face higher taxes in the near future.
November 1, 2018
As Joe Kennedy writes for InsideSources, this year’s Nobel Prize winners is economics show how a carbon tax would accelerate significantly the pace of innovation in clean-energy technologies.
October 25, 2018
Continued research and development remain central to solving challenges such as global warming, cancer, better transportation and housing, and improved security. They are also critical to creating high-paying middle-class jobs writes Joe Kennedy in Innovation Files.
September 18, 2018
Economic theory suggests a tax on carbon emissions is the most efficient way to reduce them. But another important effect of such a tax would be to induce innovation in clean energy technology.
July 26, 2018
The Internet economy requires new rules in some cases. But these rules need to be carefully considered. Where changes are needed, policymakers need to ensure that they do not impair the tremendous innovation and value that the Internet has enabled writes Joe Kennedy in Innovation Files.
June 25, 2018
Evidence shows a carbon tax will induce innovation that will lower the cost of reducing CO2 emissions. If the revenues are recycled to expand tax incentives for research and capital investment, a modest carbon tax would likely lead to faster GDP growth.
December 1, 2017
House and Senate tax bills currently favor individually owned “pass-through” companies, which make their owners a good living but don’t do much for net new job creation or overall growth. Lawmakers should focus more on tech-based startups that drive innovation and have much more long-term growth potential.
November 13, 2017
What could Republicans do to increase the chances of passing a good bill? They could focus principally on reforming the corporate tax code.