Business and Industry

Obama, Romney Promise To Cater to High-Tech Start-Ups

That's gone so well in the past

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With the U.S. presidential election drawing nearer, a New York-based tech group sent both President Obama and Republican challenger Mitt Romney a letter asking how his policies would benefit tech startups, and both candidates have provided outlines in response.

Among other things, Romney mentions raising visa caps for highly skilled foreign workers; lowering the corporate tax rate to 25 percent and strengthening the R&D tax credit; and requiring that all major regulations receive congressional approval.