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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Hollywood鈥檚 movie magic historically begins with the bark of 鈥淟ights?聽 Camera?聽 Action!鈥澛� Last night, President Barack Obama urged Congress to join him in 鈥渁 year of action,鈥� and Congresswoman Cathy McMorris Rogers (R-WA), in her response, echoed that sentiment with a call for 鈥渞eal action.鈥� It appears there is growing hope for some policy magic on both ends of Pennsylvania Avenue. We at 91pro视频 agree [...]
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As President Barack Obama prepares to deliver the State of the Union address tomorrow night, many reporters, political experts, and pundits are whirling about, attempting to predict the substance of the speech. Meanwhile, we here in the tech sector see this speech as a chance to outline an agenda of opportunity 鈥� a chance for policymakers to create economic opportunity for our country. Here are 10 [...]
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The 113th Congress is poised to have a second half that is potentially as spectacular and certainly more significant than the historic comeback by the Indianapolis Colts in the National Football League playoffs this past weekend. Much like the football analysts on ESPN, the policy punditocracy have given up on the prospect for any real productivity from this Congress.聽 We in the tech sector, however, [...]
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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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This week鈥檚 House and Senate vote on a short-term deal to re-open the government and extend the federal debt ceiling was the symbolic equivalent of a stroke victim taking his first few tentative yet positive steps in rehab.聽 It鈥檚 not a perfect metaphor to describe the legislative paralysis that has gripped Washington, but it works when we think about what Congress needs to do going forward.聽 With congressional [...]
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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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Prior to participating in a discussion with employees at Intel Corporation in Santa Clara, Calif., House Ways & Means Chairman Dave Camp and Senate Finance Chairman Max Baucus were given a brief tour of the Intel Museum.聽 Among the many innovations created by this iconic company was the 386 microprocessor, a 32-bit chip that made it possible for personal computers to run more than one software application [...]
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