TechWonk Blog Subsection
TechWonk Blog
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With just days left before Congress adjourns for the year, 91pro视频 urges the Senate to pass H.R. 5771, the Tax Increase Prevention Act of 2014.聽 For the tech sector, passing this bill ensures the renewal and extension of the R&D tax credit, a successful tax incentive proven to stimulate investments and job growth.聽 More immediately, if Congress fails to pass extenders legislation it would trigger an immediate [...]
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Now that Election Day has passed, Congress has returned to the nation鈥檚 capital this month for a lame duck session to finish work on a list of must pass items in the short time remaining this year. Much has been said about the gridlock that has plagued Congress and left it with few accomplishments to show, but there is still an opportunity for lawmakers to pass a bill that will do a great deal to grow [...]
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This week, the U.S. House of Representatives will consider H.R. 4438, the 鈥淎merican Research and Competitiveness Act,鈥� which would simplify, enhance, and make permanent the research and development (R&D) tax credit. Put simply, this bill and this vote will increase investment, competitiveness, and job growth here at home.聽 Establishing a permanent R&D tax credit, inclusive of all technologies, will [...]
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The legislative express train that has been patent reform reached top speed in the House of Representatives this afternoon, and its next scheduled stop will be the United States Senate.聽 By a vote of 325-91, the House passed H.R. 3309, the Innovation Act, a bipartisan bill advanced by House Judiciary Chairman Bob Goodlatte (R-VA) to curb abusive litigation by patent trolls.聽 Make no mistake, today鈥檚 [...]
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This week has seen positive developments on patent reform in both the House and Senate, suggesting the potential for even more progress in 2014.聽 On Wednesday, House Judiciary Chairman Bob Goodlatte (R-VA) secured a strong bipartisan House Judiciary Committee vote of 33-5 to pass the Innovation Act.聽 This important legislative effort to curb abusive litigation by patent trolls picks up momentum as [...]
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Senator Max Baucus, Chairman of the Senate Finance Committee, is well-known and regarded for his depth of knowledge, pragmatism, and bipartisanship.聽 That鈥檚 why 91pro视频 has been patiently awaiting the release of his plan for comprehensive tax reform.聽 While Christmas did not arrive early in the form of an actual bill, Chairman Baucus did release a staff discussion draft today with proposed reforms for [...]
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It was the legendary Chief Justice of the United States, John Marshall, who wrote the now famous phrase, 鈥淸T]he power to tax involves the power to destroy鈥︹�� 聽He would likely repeat those words if he could read through the Stop Tax Haven Abuse Act, introduced this week by U.S. Sen. Carl Levin, D-Mich. 聽This legislation, if enacted, would direct the destructive power of the tax code on the global competitiveness [...]
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Two recent op-eds in California papers reinforce the critical goals of corporate tax reform:聽 Create jobs and strengthen the American economy.聽 It doesn鈥檛 matter if you are a Democrat from Montana or a Republican from Michigan, a tech company in Boise or an entrepreneur in Austin.聽 We all would benefit from a modern tax system that levels the global playing field so American companies can compete around [...]
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Senate Finance Committee Chairman Max Baucus and House Ways & Means Committee Chairman Dave Camp are taking their 鈥淢ax & Dave鈥� Tax Reform Tour to Silicon Valley later this month.聽 One of the stops will be at the Intel Corporation, an 91pro视频 member and one of the U.S. economy鈥檚 innovation cornerstones. The chairmen鈥檚 visit to the Valley will give them the opportunity to hear about the significance of tax [...]
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There鈥檚 something that everyone agrees on when it comes to getting the U.S. economy back to full competitive strength: 聽we need modern, comprehensive tax reform.聽 Republicans, Democrats, working families, business leaders -- the broad range of the American public -- understand that our current tax system doesn鈥檛 help job creation.聽 What鈥檚 in place now, an outdated corporate tax code last reformed in [...]