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Dozens of Democrats Defect, Join GOP on Research Tax Cut
Roll Call ^ | May 9, 2014

Posted on 05/09/2014 5:49:05 PM PDT by SMGFan

Scores of Democrats rebuffed the White House and their own leadership on Friday, voting for a bill to permanently extend a tax cut encouraging companies to invest in research and development.

The vote passed 274-131, with 62 Democrats breaking with their party to vote with all but one Republican to pass the bill.

(Excerpt) Read more at blogs.rollcall.com ...


TOPICS: Government; Politics/Elections
KEYWORDS:
no big deal 62 Dems did this , but what if 62 GOP broke ranks.
1 posted on 05/09/2014 5:49:05 PM PDT by SMGFan
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To: SMGFan

More crony capitalism.


2 posted on 05/09/2014 5:50:54 PM PDT by Extremely Extreme Extremist (100% pure organic, free-range conservative)
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To: SMGFan

Gata’ love election years when the Dems feel threatened.


3 posted on 05/09/2014 5:51:09 PM PDT by doc1019
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To: Extremely Extreme Extremist

No crony capitalism here. You don’t have to be a FOO to get on the gravy train. You just need to invest in R&D and you get a tax break. Unless, of course, they only allow “correct” R&D investments to be subject to the tax credit.


4 posted on 05/09/2014 5:53:16 PM PDT by ProtectOurFreedom
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To: ProtectOurFreedom

Green?


5 posted on 05/09/2014 5:56:42 PM PDT by Sybeck1 (Vote McDaniel June 3rd Mississippi!)
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To: Sybeck1

Wouldn’t surprise me in the least. Targeted tax breaks are common. Fortunately, there have been very few restrictions on R&D tax credits in the past.


6 posted on 05/09/2014 6:31:43 PM PDT by ProtectOurFreedom
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To: ProtectOurFreedom

~No crony capitalism here. You don’t have to be a FOO to get on the gravy train. You just need to invest in R&D and you get a tax break. Unless, of course, they only allow “correct” R&D investments to be subject to the tax credit.~

True, there is a possibility for a fraud and for the officials to ‘settle matters’ but I think positive outcomes would prevail. The more chances for lower taxes the better.


7 posted on 05/09/2014 6:46:47 PM PDT by wetphoenix
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To: SMGFan

Because Republicans are so “anti-science”, dont you know? (/sarcasm)


8 posted on 05/09/2014 7:53:06 PM PDT by jdsteel (Give me freedom, not more government.)
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To: SMGFan
Well I’m for it too, but I’m for fiscal responsibility

Excuse me Mr. Hoyer? Fiscal responsibility? Say whaaaaaat?

9 posted on 05/11/2014 8:24:15 AM PDT by Zack Attack
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