Staring in 2022, a provision in the 2017 Tax Cuts and Jobs Act will require companies to start amortizing their R&D investments over five years instead of expensing them in the same year they incur the costs. Congress should repeal the rule before it takes effect. Otherwise, companies will do less research in the United States, jobs will be lost, and U.S. competitiveness will suffer.
Publications
September 7, 2021
September 7, 2021
Rob and Jackie sat down with David Adler, an adviser on industrial strategy at the Common Good Foundation in the United Kingdom and author of “Inside Operation Warp Speed: A New Model for Industrial Policy,” published in the summer issue of the American Affairs Journal, to discuss lessons we can draw from the success of Operation Warp Speed to strengthen U.S. industrial policy in the future.
September 7, 2021
This role retains significant discretion, and when it is performed effectively it supports the development of essential innovations in computers, robotics, the Internet, and other fields.
September 3, 2021
Looking for lower prices online? They may soon be harder to find. Blame it on the “Brussels effect”—the creeping influence of European-style regulation in the U.S. economy.
September 3, 2021
So far, different platforms have taken slightly different approaches to moderating content from the Taliban, but the matter is far from settled. As the Taliban consolidates power, the United States should work with other democratic governments and institutions to form a consensus on how social media should handle content from the Taliban and its sympathizers.
August 30, 2021
As Congress considers enacting anti-big-business antitrust reforms as part of the so-called “techlash,” many see China’s techlash as an additional justification for U.S. action. Yet, lawmakers should be careful what they wish for.
August 30, 2021
AR/VR solutions can enhance classroom experiences and expand opportunities at all levels of learning. The federal government should support further innovation by investing in research, skill-building, content development, and equitable adoption of immersive technologies.
August 27, 2021
With COVID cases rising in 42 states and 29 percent of U.S.
August 25, 2021
The shift is defined by a fierce determination to expand government provision of goods and services; to support small, locally owned firms; and to break up or heavily regulate big corporations.
August 23, 2021
De facto, a non-retroactivity principle prevents antitrust agencies from unwinding consummated mergers: Given the FTC complaint’s weaknesses, it is unlikely that even an adventurous judge will frustrate the legitimate expectations market actors ought to have from regulators. The benefits for consumers would be illusory, but the legal uncertainty that would ensue is a certainty.