Chesley Bonestell, “The Exploration of Mars” (1953), oil on board, 143/8 x 28 inches, gift of William Estler, Smithsonian National Air and Space Museum. Reproduced courtesy of Bonestell LLC.

Tax Help for Boosting Productivity

July 13, 2017

 

7/13/17 – When and if Congress finally acts on its pledge to overhaul the federal tax code, a key step should be to expand the corporate tax credit for research and development, a nonpartisan think tank says in a new report, calling it a proven way to boost industry productivity and raise workers’ incomes. In a broader look in Issues, an experienced economic analyst similarly pointed to the need for technology-focused growth policies and proposed a four-part national investment strategy designed to yield steady productivity gains and create high-paying, high-skill jobs.