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house Bill H.R. 880

Solidifying a Tax Credit for American Research & Development

Argument in favor

A good incentive for spurring private-sector investment in R&D and creating domestic, high-wage jobs in the United States.

Michael's Opinion
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05/17/2015
Innovation is truly the only way we move forward. I am consistently frustrated with the overwhelming attention that "bringing manufacturing back to the USA receives". Is that what we want to be? The factory workers? Sure, industrialization looks good on the quarterly report, but innovation is what plants the seeds for tomorrow. The moment you stop providing incentives to innovate, companies stop innovating. And when you stop innovating, you get passed.
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tea's Opinion
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05/16/2015
Keeping U.S. science and tech fields competitive is not only beneficial for the companies involved, but also American workers, the U.S./global economy, and all those who would benefit from the research findings.
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Chris's Opinion
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05/17/2015
America has fallen behind in terms of R&D and the tax credits could be offset by jobs created by said programs.
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Argument opposed

Provides no direct savings to taxpayers and their families. Kicks the can down the road, in regard to the national debt.

ThomasParker's Opinion
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05/23/2015
Complicated tax breaks should be eliminated, and taxes should be reduced across the board.
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Rebeka's Opinion
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05/16/2015
Obama ruined this one for me. Usually I'd be for it, but after his continued failed energy policy where all my tax money went to waste, I'm against it for the nears enable future. I want to start seeing some real financial responsibility before I turn congress (or a pen wielding president) loose with any more of my money
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Dan's Opinion
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05/17/2015
We should simply lower the taxes so that private JOB SUPPLYING industries can invest in their own R&D without relying on a handout from the government. Taxpayer money shouldn't go to any corporation, that's what the stock exchange is for. If my money's going to your company, I want a piece of it because I now have skin in your game.
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    Innovation is truly the only way we move forward. I am consistently frustrated with the overwhelming attention that "bringing manufacturing back to the USA receives". Is that what we want to be? The factory workers? Sure, industrialization looks good on the quarterly report, but innovation is what plants the seeds for tomorrow. The moment you stop providing incentives to innovate, companies stop innovating. And when you stop innovating, you get passed.
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    Complicated tax breaks should be eliminated, and taxes should be reduced across the board.
    Like (8)
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    Keeping U.S. science and tech fields competitive is not only beneficial for the companies involved, but also American workers, the U.S./global economy, and all those who would benefit from the research findings.
    Like (8)
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    Obama ruined this one for me. Usually I'd be for it, but after his continued failed energy policy where all my tax money went to waste, I'm against it for the nears enable future. I want to start seeing some real financial responsibility before I turn congress (or a pen wielding president) loose with any more of my money
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    America has fallen behind in terms of R&D and the tax credits could be offset by jobs created by said programs.
    Like (5)
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    We should simply lower the taxes so that private JOB SUPPLYING industries can invest in their own R&D without relying on a handout from the government. Taxpayer money shouldn't go to any corporation, that's what the stock exchange is for. If my money's going to your company, I want a piece of it because I now have skin in your game.
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    Money spent in research often generates 6-7x the investment in new technologies and jobs. I think it is a great idea to continue to encourage our local research.
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    Basic and industrial research the bedrock of innovation in any world economy. Making sure these sectors are properly attended too will invest in America for decades to come.
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    Innovation and advancement should be rewarded not discouraged
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    Research is vital to our nation and our standard of living.
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    The main point here is that the drug is no longer in the hands of back-street drug dealers working for a syndicate or cartel. Our children can now be made safe from the evils of the criminal underworld by making a relatively harmless plant (that can also be used medically and as hemp-based rope) to be state and federally regulated, taxed, and distributed at a certified and recognized market.
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    tax credits for research? Come on! This is just another way for corporations to avoid thier responsibility to the citizens and country that allow them to exists. You think Elon musk needs a tax credit to come up with cheap home battery systems, commercial space liners, the tesla, or the hyper loop? No he is trying to further us as a country and a species, he is not looking for a tax credit. Also the best innovations usually come out of government programs. NASA is responsible for most of the modern age, how to we show appreciation? By defunding the very programs that got us here. If you want innovation, put the funds to good use, or provide grants for certain projects that people or companies need to bid on. Give out science prizes for the best problem solvers. A free for all give away is just more politicians greasing their corporate masters. Put the money where it works. Throwing it in the air and letting the greediest people have it serves no one.
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    The basic argument against this about national debt and the average American taxpayer is absolute bullshit, by its very nature this bill does nothing to change the taxation of average Americans, and the national debt is just an incentive for investment in our nation (which has the world's highest GDP already). The bill does incentivize the research that drives innovation and 'makes America great again', the area in which we have been lagging with all our money grubbing and outsourcing from the top tier of the tax bracket (if we did need to make up a deficit, we know where the money is). We need to make America a nation of highly skilled laborers if we want to have a place in the world. Right now we are just the worlds largest jailer, with the worst employment policies and over 40% of our citizens in poverty. This is at least a step towards a nation built on leading the charge in research, because it gives companies a financial carrot to incentivize the research (that would have benefited them and everyone else anyways, but hey, that's business).
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    It is things like this that help the future of America that should be incentivized, not corporations that are just in it for a profit.
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    Reduce taxes across the board and eliminate many of the stifling regulations that are destroying businesses and killing jobs.
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    Encouraging R&D spending helps to correct an otherwise distorted corporate balance sheet, by drawing funds out of cash accounts and low-yield debt loads.
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    Tax credits for research and development has no direct savings to the taxpayer -we need to cut spending now before it get worse!!
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    It takes money to make money, and you are not getting any from me as I am not getting any of the return profit from you when you're done with your RND
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    As long as big pharma keeps their hands out of it
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    The day we stop discovering cures, inventing new technologies, and thirsting for knowledge is the day we cease to be a great nation.
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