Earlier this year, Wisconsin's job creation rate fell to a rank of 38th nationally. Wisconsin has consistently fallen behind the national rate of job creation since July 2011, making it a critical issue for our economy and the well-being of our community.
Congress is currently debating the Innovators Job Creation Act, which would permanently allow qualified small businesses tax credits for incurring research and development costs. Making the tax credits a permanent part of the national tax system would allow businesses to put a greater emphasis on research and development, becoming a driving force for American innovation without the uncertainty that comes with tax credits that change and expire every few years.
