R&D Expensing: Assembly Member Jodi Giglio Op-Ed


Nearly 70 years of incentivized private sector research has strengthened our economy and national security, made us world leaders on innovation, and allowed us to out-compete other countries. And in just another decade, without common-sense policy change to ensure R&D is no longer punished, all of that could go away.

The U.S is at a crossroads with R&D and Congress needs to move with expediency to correct things. We can either shift to the widely supported and straightforward path and maintain what was our status quo, or we can stay on the current trajectory and face the devastating consequences that come from a flawed policy that will force businesses to invest less in R&D.