Tax Credits

I read the article "A Plan For Revitalizing Science And Technology: Grants With Tax Credits" by Dudley G. Moon and John W. Fenton II in the Opinion section of the Jan. 8, 1996, issue of The Scientist [page 10]. I would like to express my full support for the ideas set forth by these scientists.

I think it is about time we took such measures to boost extra resources for the future of biomedical research in the United States. The current amount of government funds will not be enough to support much-needed progress in basic science in the future. As these scientists proposed, we need to have other funding agencies, and what better than grants with tax credits?

This system of funding, as explained nicely in the article, is beneficial for everybody: for the industries, for the public, and finally for the scientists, who can spend their valuable time...