This study uses 2 #opensource models. OG-USA macroeconomic model of US fiscal policy and demographics (pslmodels.github.io/OG-USA) and Cost-of-Capital-Calculator microsimulation model of business investment incentives (ccc.pslmodels.org).

“Market economies are likely to underprovide innovation, primarily due to knowledge spillovers between firms…. In the short run, research and development tax credits and direct public funding seem the most effective.” (@NickBloom,
@johnvanreenen, @heidilwilliams, JEL, 2019)

I gave evidence of Arkansas' current fiscal health, costs and benefits of moving to a flat state income tax, 100% bonus depreciation, repealing the franchise #tax, and cutting the #corporate income tax.