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University of Texas-Austin: When Countries Cut Taxes for New Ideas, Capital Investments Rise
June 01, 2023
AUSTIN, Texas, June 1 (TNSjou) -- The University of Texas issued the following news release:

Countries that offer tax breaks for corporate innovation realize greater economic growth than those with no such policies, according to a study from The University of Texas at Austin.

Researching seven countries from 1999 to 2017, the study's authors found that tax cuts for income resulting from intellectual property -- such as patents, copyrights and trademarks -- lead to great . . .

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