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Open Source R&D Tax Credit?

Dan writes "The Center for American Progress is proposing an R&D tax credit for open source development." From the article: "Subsidizing open source software development can also be justified on grounds of economic efficiency. Open source software development enhances the ability of other developers to create new products. It also enhances the development and dissemination of knowledge and ideas more broadly. Since the benefits to the broader software development community and the economy as a whole go well beyond the users of an individual software product, a policy that subsidizes open source development would increase economic efficiency."

6 of 196 comments (clear)

  1. Built In Tax Break by rtb144 · · Score: 5, Funny

    Most open source software comes with a built-in tax break. No income, no income tax.

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  2. Center for American Progress by wombatmobile · · Score: 2, Funny

    Center for American Progress

    Where is the center of American progress? The president says the front of it is in Baghdad.

    1. Re:Center for American Progress by MAXOMENOS · · Score: 4, Funny

      Well, the center of it is probably somewhere over the ocean, since the ass-end is in the White House.

  3. Re:Profit!!! by Firehed · · Score: 3, Funny

    Wait, give the congress money to convince them to give you money? Maybe both 3 and 4 should be "???" and profit gets bumped to step 5. Or maybe 3 should be 'WTFHAX?!1, ???' instead.

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  4. This makes sense... by swelke · · Score: 2, Funny

    This proposal makes an incredible amount of sense. The open source model is an excellent way to develop high quality software on the cheap. Large scale open source development would help the economy in a number of ways.

    Therefore it will never be approved.

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  5. Re:Profit!!! by ShaunC1000 · · Score: 3, Funny

    excuse me.. but that joke is supposed to use only 3 steps with the 2nd being unknown and the 3rd being profit. Please revise