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.
April 17, 2017
Tax Day arrives April 18 against the backdrop of a serious debate in Washington about the need for tax reform that will spur broadly beneficial economic growth, writes Joe Kennedy in Forbes.
March 29, 2017
Yesterday, the Heritage Foundation released a new version of its so-called “Blueprint for Balance.” Like its predecessor, this iteration reveals a profound misunderstanding of how the world really works, writes David Hart in Innovation Files.
March 16, 2017
The Trump administration's proposed budget for discretionary programs would shift a significant amount of spending away from public investment, particularly in education, research, and infrastructure. Joe Kennedy explains in Innovation Files that this matters because these kinds of investments are essential for faster economic growth, and without that, living standards will stagnate.
March 8, 2017
Given the tax code’s complexity and the divisive political environment, lawmakers should focus on provisions that spur investments in innovation, productivity, and competitiveness, writes Joe Kennedy in The Hill.
February 21, 2017
Given the tax code’s complexity and the divisive political environment, lawmakers should focus on provisions that spur investments in innovation, productivity, and competitiveness.
February 6, 2017
Although Congress made permanent the research and development tax credit in 2015, the federal government and states still can do more—a 10 percent increase in R&D tax credit generosity permanently increases labor productivity by 0.4 percent per year, writes John Wu in Innovation Files.
February 6, 2017
Reforming the U.S. corporate tax system could provide a major boost to U.S. economic growth and competitiveness, but progress continues to stall due in large part to small-business advocates who claim that corporate-only reform is unfair and economically harmful, writes Joe Kennedy in In Business.
January 16, 2017
If U.S. corporations brought back all their profits, labor productivity would have been 5.1 percent higher in R&D intensive industries and 4.5 percent higher in IT-intensive industries in 2014, writes John Wu in Innovation Files.
November 26, 2016
The incoming Trump administration and many in Congress on both sides of the aisle have championed corporate tax reform to, among other steps, lower the effective corporate rate. But the small business lobby has pressured Congress to link corporate tax reform to a reduction in top rates on individual income, writes Joe Kennedy in The Hill.
November 16, 2016
ITIF offers a set of actionable proposals to spur innovation, productivity, and competitiveness that the Trump administration can accomplish in its first year.

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