2 Comments

The statement "enhancing resources targeted to spur innovation and research & development" sounds like pablum to mask another tired, debunked strategy - R&D tax credits. See https://www.ocpp.org/2015/04/13/blog20150413corporation-tektronix-truth-subsidy/ . Yes, "When making these investments, however, we must always ask, 'Who will benefit?'," and we also have to ask if there's really any reason to believe cause and effect claimed by the measures' promoters. Allocation of resources need to pass a "but for" test - but for this investment x behavior would not happen. The business community has long ignored that. See, for example, https://www.blueoregon.com/2011/03/capital-gains-guru-goes-missing/

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