News Journal voices support for Senator Coons' jobs bill
Delaware's largest newspaper, the News Journal, on Saturday published an editorial voicing support for the Job Creation Through Innovation Act -- Senator Coons' first bill, which he introduced last week.
"By increasing the R&D tax credit from 14 percent to 20 percent and making it refundable, the "little guy" has an incentive to be innovative in markets ruled by bigger companies," the paper wrote.
"Being able to quickly hire workers to design products and conduct quality assurance testing also recycles some of that tax credit back into local economies."