Patent applications for us companies paying us taxes and us citizens should be free.
Economic wealth will come from intellectual property rights.
Reagan changed our patent system to make it "financially self sufficient" by raisign patent fees. This was a mistake.
That is like taxing seed corn. You don't want to tax seed. You want seed to be free and then tax the produce.
The same with patents.
US citizens should be able to apply for patents for free with assistance from the US patent office. (now patents are a ta minimum $200 each and most inventors have many ideas so $200 is expensive.
We need to encourage all citizens to register their patentable ideas.
It only takes one good patent to revolutionize an economy and produce billions in new economic growth. right now most invnetors are forced to sit on their ideas becuase of patent application costs.
It's incredibly stupid to cause inventors to never move forward on their ideas just balance the small budget of a minor administrative office.
Our patent system for us companies paying us taxes and us citizens should be free.