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IP Plays an Important Role as Key Economic Driver
08/01/2014 at 08:21 am - Michi Iljazi

US Patent and Trademark Office HQ in Alexandria, VA

August is here and that means another vacation for Washington politicians.  This month-long break comes at a time where there is quite a bit of work for them to do. One issue that has languished in Congress for quite some time is reforming the patent system and ensuring protection of intellectual property (IP). Protecting intellectual property should be a priority for the Federal Government, and while the Taxpayers Protection Alliance (TPA) is no fan of big government, on this issue even the Founding Fathers knew that protecting intellectual property was important enough to include it in the Constitution. All one needs to do is look at how large a role IP plays in commerce, and not just in the United States, but also around the world. One of the biggest misconceptions is that protecting IP is a form of corporate welfare. TPA is acutely aware of the real definition of corporate welfare considering TPA’s tireless work to get rid of the Export-Import Bank and other blatant corporate welfare programs. But, protecting intellectual property ensures that creators of works are safeguarded against those who wish to steal their creative pieces.

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Taxpayers Protection Alliance (TPA) is a non-profit, non-partisan organization dedicated to educating the public through the research, analysis and dissemination of information on the government's effects on the economy. Through its network of taxpayers and citizen activists, TPA will hold politicians accountable for the effects of their policies and will offer real solutions to runaway deficits and debt.

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