As it becomes increasingly clear that the stimulus has failed, the president and his den of inexperienced elitists now conjure some new tricks, but from the same tired perspective . Tax credits for research and development (R&D) are clearly and obviously not what the small business people need.  Of all of the hundreds of businesses that are my colleagues and customers very few have an accounting code for R&D.   It will take a very long time for any benefits from spending on R&D to reach the painters, carpenters, waitresses, salespeople, truck drivers, local news reporters, welders, accountants and most other workers in this economy. Small businesses find lots of ways to improve their work, products, and services without any consideration of tax credits.   R&D is used by larger companies, often to develop labor saving manufacturing technology- just what we need with record stubborn unemployment.  Such tax credits represent the kind of...(Read Full Post)