<p>Report Recommends Research Credit Increase to Drive Growth</p>

Report Recommends Research Credit Increase to Drive Growth

Information Technology and Innovation Foundation

Congress should expand the alternative simplified research tax credit to at least 25 percent, a move that would pay for itself after 15 years thanks to additional revenue growth, Robert D. Atkinson of the Information Technology and Innovation Foundation said in a September report on how increased federal research and development spending can lower the debt-to-GDP ratio.

<p>Congress should expand the alternative simplified research tax credit to at least 25 percent, a move that would pay for itself after 15 years thanks to additional revenue growth, Robert D. Atkinson of the Information Technology and Innovation Foundation said in a September report on how increased federal research and development spending can lower the debt-to-GDP ratio.</p>