2 different graphs. one is capital raised for IPOs and the other is IPOs. So which argument are you making? First you imply that IPOs stink in 2008 and then come back and argue that they are doing really well. Amazing what economists can do graphs. Either they were doing well or they weren't. Both of your arguments cannot be correct.

 

The Silicon Valley chart was to show that things came almost halt in 2008 - due to lack of - you got it - capital.

 

But the other graphs shows that after the Bush tax cuts IPOs OVERALL (not just tech) recovered to record levels.

 

Here is another graph that shows the overall effect of the reduction in taxes AND the impact of the global economic slow down that started in early 2008. All of this deals with capital (money available to invest). After 9/11 stock tanked and capital was reduced. The 2003 tax cuts accelerated available capital and IPOs and new jobs improved year after year. The 2008 crisis has again taken capital out of the marketplace. The minor recovery has not replenished the capital in the system and if taxes rise even more capital will be removed from the marketplace. Lack of capital, through general stock market downturns or increased taxes is bad, always bad, for IPOs and for the overall economy.

 

 

http://www.renaissancecapital.com/IPOHome/Review/2008review.aspx

For anybody to suggest that the tax cuts helped our economy . . . you are simply not living in the same system I am. The only real good decade we have had since i have been alive is the 90s. The 80s brought a great deal of debt, the 00s brought a great deal of debt. Both were exemplified by republican tax cuts.

 

If you believe that the debt brought about in the 80's had a larger negative impact on the condition of this nation than a positive one, I am begining to wonder where you get your information. Republican tax cuts and deficit spending changed the world situation in the 80's.

You do know that there have been several tax cuts in the last year don't you. You also know that people are keeping their money and not spending don't you.

 

More money is good, but jobs are still the thing. Until more people are working, the people who have jobs are paying off bills and saving whatever they have left.

 

What tax cuts are you talking about? Not saying there hasn't been but if there has I was unware of them.

 

I'm like you Woodsrider. I'm still waiting for an example of these tax cuts we've had in the last year.

I'm like you Woodsrider. I'm still waiting for an example of these tax cuts we've had in the last year.

 

There was the tax cut that you should have seen throughout your paycheck over the course of the year.

 

There was the "Making Work Pay" credit.

 

Those are two that I'm aware of.

 

People scoff at the ~$20 per paycheck, but over the course of 26 pay periods for me, That was $520, plus the $600 work pays credit. (I think it was $600).

 

That's approximately $1100 I got to keep this year.

Amazhttp that people are not aware of tax cuts that they have recieved. 95% of Americans affected by it. Of course most of the posters are here might be making over 250,000.00. As for me and my house, it was welcome and will be welcome again in my return.

 

 

http://www.usatoday.com/news/washington/2009-02-21-obama-saturday_N.htm

There was the tax cut that you should have seen throughout your paycheck over the course of the year.

 

There was the "Making Work Pay" credit.

 

Those are two that I'm aware of.

 

People scoff at the ~$20 per paycheck, but over the course of 26 pay periods for me, That was $520, plus the $600 work pays credit. (I think it was $600).

 

That's approximately $1100 I got to keep this year.

 

You are correct. I did forget about that. Mine was $14 which is better than nothing.

 

Credits are not tax cuts.

 

What are the others of the several?

 

I do believe however, that I will lose a bunch more than that with the revocation of the past tax cut.

You are correct. I did forget about that. Mine was $14 which is better than nothing.

 

Credits are not tax cuts.

 

What are the others of the several?

 

I do believe however, that I will lose a bunch more than that with the revocation of the past tax cut.

 

Well, not being an economic genius, I count anything that reduces my taxes as a cut. :lol:

Well, not being an economic genius, I count anything that reduces my taxes as a cut. :lol:

 

The biggest difference is that a tax cut goes to people like you and I who pay taxes. Our taxes are reduced by an amount so that we get to keep more of the money that we earn.

 

Tax credits, on the other hand, go to you and I but they also go to people who don't pay any taxes. So while we do get a portion of our taxes back, another portion of our taxes are treated as an entitlement program and given to people who didn't pay any taxes. Many feel that this is one of many ways to redistribute wealth without it falling under the category of welfare dollars spent.

Amazhttp that people are not aware of tax cuts that they have recieved. 95% of Americans affected by it. Of course most of the posters are here might be making over 250,000.00. As for me and my house, it was welcome and will be welcome again in my return.

 

 

http://www.usatoday.com/news/washington/2009-02-21-obama-saturday_N.htm

 

Correct me if I am wrong but that did not lower your tax liability did it?

There was the tax cut that you should have seen throughout your paycheck over the course of the year.

 

There was the "Making Work Pay" credit.

 

Those are two that I'm aware of.

 

People scoff at the ~$20 per paycheck, but over the course of 26 pay periods for me, That was $520, plus the $600 work pays credit. (I think it was $600).

 

That's approximately $1100 I got to keep this year.

 

You're duplicating the same tax situation. The $20 per pay was merely a timing issue, your overall taxes did not go down that amount plus the making work pay credit. Your total tax reduction was probably the $400 credit.

The biggest difference is that a tax cut goes to people like you and I who pay taxes. Our taxes are reduced by an amount so that we get to keep more of the money that we earn.

 

Tax credits, on the other hand, go to you and I but they also go to people who don't pay any taxes. So while we do get a portion of our taxes back, another portion of our taxes are treated as an entitlement program and given to people who didn't pay any taxes. Many feel that this is one of many ways to redistribute wealth without it falling under the category of welfare dollars spent.

And that's a problem that needs to stop!

so we've moved from "what tax cut" to . . . that tax liability reduction has got to stop.

 

Obviously is caused you some pain because you have been complaining about it for so long. And we hate to have money in the hands of people who actually spend it.

The biggest difference is that a tax cut goes to people like you and I who pay taxes. Our taxes are reduced by an amount so that we get to keep more of the money that we earn.

 

Tax credits, on the other hand, go to you and I but they also go to people who don't pay any taxes. So while we do get a portion of our taxes back, another portion of our taxes are treated as an entitlement program and given to people who didn't pay any taxes. Many feel that this is one of many ways to redistribute wealth without it falling under the category of welfare dollars spent.

 

 

So, it's semantics, really. In the end, taxes are reduced. I don't care if other people have their reduced that paid less, or maybe none. I'm not a whit concerned about that.

The biggest difference is that a tax cut goes to people like you and I who pay taxes. Our taxes are reduced by an amount so that we get to keep more of the money that we earn.

 

Tax credits, on the other hand, go to you and I but they also go to people who don't pay any taxes. So while we do get a portion of our taxes back, another portion of our taxes are treated as an entitlement program and given to people who didn't pay any taxes. Many feel that this is one of many ways to redistribute wealth without it falling under the category of welfare dollars spent.

 

You're talking about refundable tax credits. Not all tax credits are refundable but I agree with you. If you don't have a tax liability the credit becomes an entitlement program which is paid for by those who do pay taxes. I call it welfare.

so we've moved from "what tax cut" to . . . that tax liability reduction has got to stop.

 

Obviously is caused you some pain because you have been complaining about it for so long. And we hate to have money in the hands of people who actually spend it.

I will ask again. Did the $13 (or whatever the number) extra in your check every week lower you overall tax liability? It was my understanding that it did not. If it in fact did not lower your tax liability then it was no different then someone changing their W4 in order to lower what their employer is withholding. That means it is not a tax cut.