Lloyd Doggett: Pay For a Permanent Tax Credit That Incentivizes Necessary Research
Incentivizing scientific research is one of the best things the federal government can do to promote economic growth with desirable outcomes, and support the development of knowledge that would be lost to humanity without it.
Unsurprisingly, Republicans are trying to pass corporate tax breaks for multinational companies to offshore government funds under the guise of supporting scientific research, while actual important scientific research goes unfunded and unfinished.
If our government is going to fund research, it should go to generating knowledge, not to helping rich corporations avoid paying their fair share.
Congressman Lloyd Doggett made a speech on the floor of the US House to call attention to this gross misuse of funds: "They are not about making it in America; they are about taking it from America."
More at http://www.burntorangereport.com/diary/15216/lloyd-doggett-pay-for-a-permanent-tax-credit-that-incentivizes-necessary-research .
http://www.youtube.com/watch?list=UUN-kiLKyHPcfRVZ28sAHS_g&v=mgKSi7Z4CQs
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