Good News For Entrepreneurs On Fiscal Cliff: R&D Tax Credit Extended

The government gave the nation's suit-and-tie mad scientists a tax break again this year, agreeing to extend the much-loved R&D tax credit. "We can't keep cutting things like basic research and new technology and still expect to succeed in a 21st-century economy," said President Obama, hailing Congress's passage of a budget related to the so-called "fiscal cliff."

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