It is time to give business the predictability they need to invest in next generation of invention or development by making the R&D tax credit permanent.
Patrick J. Tiberi: “It is time to give business the predictability they need to invest in next generation of invention or development by…”
Editor's note · Context
Tiberi emphasizes the need for a permanent R&D tax credit to encourage business investment.
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More from Patrick J. Tiberi
I would again like to point out this little chart that shows facts. At the bottom of the chart, if the viewers can see, is the United States with our corporate tax rate. All of these other countries, most of whom are our friends, even…
Today, if you are a successful pass-through--and no one is going to guarantee that you are a successful business owner--in America, you are paying almost 45 percent of what you make at the top bracket just to the Federal Government.
I take issue with the fact that, as a pass-through, getting a tax cut is not appropriate.
Can you commit to this Committee that you will make it a priority of this Administration to engage with our trading partners, particularly in this case, Korea, the Republic of Korea, who continue to dump these products into our country?





