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Dem Platform Calls for a Permanent R&D Tax Credit

The R&D tax credit has been extended in one-year iterations almost a dozen times since it was created in 1981.

Jay Timmons, executive vice president for the National Association of Manufacturers, said in a phone interview from Denver that “this is an issue that the Democrats should own,” referring to the fact that a Democratic Congress passed the original law. “It is really part of their heritage.”

Source: Financial Week

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