Information Technology and Innovation Foundation

Tech industry a growing force in US economy for jobs, innovation and exports, study finds

Posted by WRAL TechWire | Sep 21, 2022

The information technology sector makes an outsized contribution to the U.S. economy as a leading exporter that creates high-paying jobs, including for non-college-educated workers, while producing highly innovative products and services that drive broad-based growth, counteract inflation, and improve people’s quality of life. Check out the details in this new report from the Information Technology & Innovation Foundation.

Report: Amortizing of R&D poses threat to US jobs, competitiveness

Posted by WRAL TechWire | Sep 7, 2021

Starting in 2022, a provision in the 2017 Tax Cuts and Jobs Act will require companies to start amortizing their R&D investments over five years instead of expensing them in the same year they incur the costs. Congress should repeal the rule. Otherwise, jobs will be lost, and U.S. competitiveness will suffer.

Agtech can receive a big boost from Biden administration – here’s how

Posted by WRAL TechWire | Mar 31, 2021

The Biden administration has a rare opportunity to accelerate agricultural innovation and spur broad and lasting economic growth by taking a handful of discrete regulatory actions that would update longstanding policy that has enjoyed strong bipartisan support. Here’s how.