Just thinking out loud here, but... Founders and inventors should have a lower tax rate on capital gains than investors. I'd love to stem the brain drain from inventive productive work to finance.
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Ya, something more aggressive towards innovation would be better
I'll take it, but it sucks. You ever taken it? It's so hard to do that there are specialized consulting groups who fill out the paper work and earn a commission on the credit.
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I will this year just because we hired consultants to create a specifically unique new product, so easy to track. My accountant said it should be pretty straightforward. But I've considered it in the past, but the payoff wasn't worth it before.
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It's weird, AFAIK, you get a big credit the first year you file it and then subsequently you get a credit for increasing your R&D spend. I've never done it. Seems like a big hassle, but as you said if you've outsourced the work, should be easy to calculate.
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