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As Governor McCrory and North Carolina legislators consider rewriting the State tax code, we urge them to focus on policy changes that will encourage job creation and economic growth. We believe that one of the most powerful sources of both is innovation.

Two provisions of our current tax code are critical to our innovation economy. For established companies, the Research and Development Tax Credit encourages investment in the commercialization of new technologies. For early-stage companies, the Qualified Business Venture Tax Credit, sometimes known as the QBV Credit, helps attract investments that fund early stages of product development.

To read the original article: Crucial debate: Tax reform, jobs and innovation in NC :: Editor's Blog at WRAL Tech Wire