Bill Would Give Tax Breaks On Sales Of US-Patented Goods
Rep. Allyson Schwartz, D-Pa., introduced the Manufacturing Innovation in America Act, H.R. 2605, on June 28. It would lower the corporate tax rate from 35 percent to 10 percent on a company's profits that are derived from the sale of patented products.
Schwartz introduced a similar bill last year, but...
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