Former Trump advisor: ‘Conservatives’ risk killing America’s golden goose by taxing university research

Several so-called conservative think tanks and Department of Commerce officials have proposed taxing the income that universities earn from licensing their research discoveries supported by government grants. By effectively taxing research and development (R&D), the engine of   growth, the proposals threaten to discourage innovation in semiconductors, energy, medicines, and other critical technologies. In addition, the government is already getting ample rewards from these R&D subsidies through its many ot ...