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A pro-growth tax code is vital for innovation to flourish. Crucial research and development (R&D) activities support American jobs while bolstering our economic competitiveness and national defense. This year, Congress has the opportunity to correct a harmful provision in the tax code that penalizes American innovators from doing this important work. Learn more about why R&D incentivization is the way to what’s next, and how Congress can take action to address it.

This document was last updated in April 2024.

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