Comments on: The tech industry notices that the Republicans are bad for it http://www.monashreport.com/2006/03/22/the-tech-industry-notices-that-the-republicans-are-bad-for-it/ Technology ... politics ... marketing ... strategy ... life Sun, 25 Jul 2010 09:11:38 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: jeff nolan http://www.monashreport.com/2006/03/22/the-tech-industry-notices-that-the-republicans-are-bad-for-it/#comment-30 jeff nolan Fri, 24 Mar 2006 15:12:34 +0000 http://www.monashreport.com/?p=43#comment-30 Given that the Republican leadership, of which President Bush is clearly the leader, has pushed for making the R&D tax credit permanent, making the internet tax ban permanent, reforming the patent system, rewriting the 1996 telecommunication act, increased funding for math and science education (say what you want about NCLB but test scores in CA are moving up), and also opposed the expensing of stock options... I think Bush's approval in the tech industry might have more to do with him than his policies. On the R&D tax credit, which does serve as a powerful incentive for companies to invest here rather than abroad, Democrats have continually opposed making it permanent by calling it a gift for "rich companies". Amazing when considering that even the dumbest Senator in Congress, Barbara Boxer, sponsered a resolution in the 106th Congress (with John Ashcroft co-sponsoring no less) calling for the R&D tax credit to be made permanent. Given that the Republican leadership, of which President Bush is clearly the leader, has pushed for making the R&D tax credit permanent, making the internet tax ban permanent, reforming the patent system, rewriting the 1996 telecommunication act, increased funding for math and science education (say what you want about NCLB but test scores in CA are moving up), and also opposed the expensing of stock options… I think Bush’s approval in the tech industry might have more to do with him than his policies.

On the R&D tax credit, which does serve as a powerful incentive for companies to invest here rather than abroad, Democrats have continually opposed making it permanent by calling it a gift for “rich companies”. Amazing when considering that even the dumbest Senator in Congress, Barbara Boxer, sponsered a resolution in the 106th Congress (with John Ashcroft co-sponsoring no less) calling for the R&D tax credit to be made permanent.

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