TechWonk Blog Subsection
TechWonk Blog
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President Trump has been a champion of policies that drive and expand America's tech economy. Since resuming office, he鈥檚 made clear that bolstering American prosperity and competitiveness is his priority. As he prepares to give a Joint Address to Congress, here are three concrete actions he can take now that advance economic growth, create jobs, and position the U.S. as the global tech leader well [...]
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Three trade ministers representing Canada, Mexico, and the United States recently convened in Phoenix, Arizona for the fourth meeting of the Canada-United States-Mexico Agreement (CUSMA) Free Trade Commission (FTC). The government officials applauded the CUSMA for driving trilateral cooperation and strengthening North American competitiveness in the almost four years since its entry into force. Beneath [...]
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Research and development are the lifeblood of the United States鈥� innovation economy. The breakthroughs borne out of American ingenuity fuel the U.S. economy and drive new global products and industries. The tech sector alone spends over $200 billion annually on domestic research and development, and for every $1 billion of that investment, 17,000 jobs are supported in the United States. However, that [...]
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Sound tax policy helps to drive economic growth, research and development (R&D), and innovation. These factors are essential to ensuring the global competitiveness of companies doing business in the United States, including leading innovative firms across the technology sector. 91pro视频 supports a U.S. tax system that fuels growth and a global tax system that provides much-needed certainty for companies [...]
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The Organisation for Economic Co-operation and Development (OECD) announced in March that Mathias Cormann will serve as the institution鈥檚 next Secretary General. Cormann鈥檚 June 1 start date means the first month of his tenure coincides with the final weeks leading up to the OECD/G20 Inclusive Framework鈥檚 self-imposed deadline to reach political agreement among nearly 140 governments in ongoing negotiations [...]
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The Organisation for Economic Co-operation and Development (OECD) announced in October 2020 a revised goal of mid-2021 for reaching political agreement in negotiations to address tax challenges arising from the digitalization of the global economy. Coupled with outcomes from the first Base Erosion and Profit Shifting (BEPS) negotiations, which countries are continuing to implement and strengthen, the [...]
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As we continue to look for ways to address the immediate impacts of the COVID-19 pandemic and reinvigorate the economy, tax policy provides a powerful tool. These measures afford policymakers with the ability to provide much-needed liquidity for struggling businesses, defray added costs companies are confronting, and create incentives to keep employees on the payroll and help maintain their health [...]
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As lawmakers have considered changes to the tax code over the years, a few common principles have underpinned those efforts. First, they have wanted to create incentives to locate jobs in the United States. Next, they have wanted to encourage companies to perform their research and development (R&D) 鈥� which usually means high-paying jobs 鈥� domestically. Lastly, they have wanted to provide incentives [...]
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This week action occurred in France that received little notice. On Monday, the Assembl茅e Nationale passed digital services tax legislation that would apply a three percent tax on revenues derived from certain digital services, such as advertising. This action set in motion expedited consideration by the French S茅nat. Passage and adoption of this controversial tax looks likely. France has discussed [...]
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The 116th Congress marks another moment of profound political change and an important opportunity to advance policies that meet the needs of Americans and American-based businesses in the 21st century. As we continue into 2019, 91pro视频鈥檚 mission is to empower policymakers with the information necessary to pursue policies that enable economic growth and job creation, keep the American workforce competitive, [...]
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