
Episode 4: Will the American Growth Act Grow the R&D Tax Credit?
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When it comes to the R&D tax credit, you’ll hear a lot about changing regulations, but the American GROWTH Act, proposed by Congressman Kevin Brady (R-TX) and U.S. House Minority Leader Kevin McCarthy (R-CA), not only makes the credit more generous (twice as generous, to be exact), it also helps start-up companies benefit from the R&D tax credit—and offers a few special incentives for medical-supply and pharmaceutical companies. How exactly could the bill improve the R&D tax credit and make it available to more companies? In this episode of Fiona’s R&D Tax Credit Podcast, XBS Director of R&D Tax Credits Rahim Walji and Erica York, the economist for Federal Tax Policy at Tax Foundation, unpack the bill and discuss how it can help the American economy flourish.