I think that, if you were to ask most businesses that are in the high technology area, what is the single thing we could do that would give them stability looking forward, it would be to make permanent the R&D Tax Credit.
Emphasizing the need for a permanent R&D Tax Credit for business stability.
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More from Jacob J. Lew
I think that one of the reasons tax reform is so hard to do is that it does impose burdens to close loopholes.
I do not think that any of us should feel comfortable just watching more American businesses leave the United States.
This agreement demonstrates that we have the capacity to find common ground on difficult issues and lays a foundation for addressing some of our long-term challenges.
The decision has never been made by the only people who can make the decision--that is the President of the United States on the advice of the Treasury Secretary--what to do.