Tax Policy Center

research and development

Business Taxes: TaxVox
Legislation to temporarily enhance certain business tax deductions and the child tax credit (CTC) would boost after-tax incomes for households by an average of $160...
January 19, 2024John Buhl
Business Taxes: TaxVox
In recent years, businesses have been able to fully deduct expenses related to research and development (R&D) in the year the investment was made (often...
June 21, 2023Thomas Brosy
Individual Taxes: TaxVox
House Republican plans to temporarily raise the standard deduction and restore more generous business tax deductions would result in modest tax cuts for most households...
June 20, 2023John Buhl
Individual Taxes: TaxVox
As the year winds down, Congress will need to decide what to do on several tax fronts, including whether to extend more favorable treatment of...
October 17, 2022Elaine MaagThornton Matheson
Federal Budget and Economy: TaxVox
The ink on the Inflation Reduction Act is barely dry, but already there are reasons to think Congress may take up more tax issues once...
October 6, 2022John Buhl
Campaigns, Proposals, and Reforms: TaxVox
Just based on its sheer size and scope, the Biden administration’s Build Back Better (BBB) agenda was always likely to shrink as it made its...
December 28, 2021John Buhl
Business Taxes: TaxVox
US taxation of intellectual property (IP) is facing big changes. Starting next year, research and development (R&D) expenditures, now fully expensed (written off in the...
October 25, 2021Thornton MathesonThomas Brosy