Not everything can be reduced to a dollar figure. Maybe the actors had a really good time producing the movie, maybe they saw it not so much as donating their time, but using their time for leisure. I know if someone gave me the choice of giving them $some money or going with them and having a good time, I wouldn't consider the two options equivalent at all.
a) Bush was criticized for being stupid because almost every time he opened his mouth something stupid came out of it. People are still criticizing Obama for his "57 states" flubb while he was campaigning. b) At the end of the 90's the Nasdaq and S&P 500 slowly dropped to about 50% of their highs over a period of 2-3 years, the DJIA lost 30% over the same period. In 2008 all three indexes lost 50% of their value over 3 months. Hardly what you'd call similar circumstances.
I don't really know enough about Dan Rather to comment on that point, and as for not really being elected I may have to partially concede that point.
I interpereted it that wbr1 had just typo'd or whatever, then you made a joke about that, then bkaul01 felt the need to spell out your joke. For the record I thought you were pretty funny, not funny enough for me to spontaneously coffee test my keyboard, but enough for a small smile.
Thing is, when you have a long tick like that, there's a very big window for bad news to come out. One stock goes through the floor and drags some others with it. You won't see it happen because the exchange is closed, but it will open a very long way from where it closed.
Also, I take issue with the idea that you should invest for dividends rather than stock appreciation. Personally I do look for stocks with good dividends, but there's nothing wrong with taking the money you've earned and rolling it into making the business bigger and better. Ideally the long term goal would be to issue a dividend, but that could be dozens of years in the future, and there's nothing wrong with investing for that future.
So, if I lend you my car, and tomorrow there's a news story about some safety issues with the car. When you return the car to me it is worth less that when we started. Have you committed fraud?
But the fact that the stock market exists makes people more willing to buy stock when the company is issuing it. Most people would be quite reluctant to invest in a company if they had no idea how they could sell out later.
So, you're trying to tell me that you are indeed a 14 year old who's just read Atlas Shrugged. It's ok, you should have seen the stupid shit I was doing at your age. You'll grow and learn in time.
I think I'm going to have to pretend to be a wikipedian and ask for a citation for this. Everything I've seen shows that revenue either stays the same, or reduces when the tax rate is dropped.
As another poster put it: there's no point trying to 'incentivise' investment. If I don't invest it I'll put it into a bank (no we're not all hiding money in our mattress, that would only make sense if the tax rate were at least 100%) The bank will then lend it out to someone else who wants to invest it. Either way the money is not sitting stagnant.
Man you guys jump through some hoops. How about this one: since the money he earned in the first place was taxed, he couldn't invest so much, so he didn't make as many gains, so he'll have to pay less tax now.
Perhaps I have you wrong, it is indeed possible that you have some very insightful ideas that I'm not seeing due to your comments resembling those of a 14 year old who's just read Atlas Shrugged and had his life changed. Perhaps a comment with a little more detail would help enlighten us.
Seriously dude, taxes aren't the overpowering evil you seem to think they are. We as a society have managed to use them to hold the world together for a few thousand years.
Do you think the people working at NASA, or for the Indian space program are doing it because they fear have their heads bashed with stones, or whatever the modern equivalent of that is?
Bet you're not in an F-150 though... My friend gets 14-15 mpg in his, and he sticks to the speed limits. It's also geared so that it has to rev its nuts off to do 80, so pushing it to 120 would send the mileage through the floor.
In Houston you get honked at, granted not as often as in other places, but sometimes the bloke behind you honks as soon as the light's green. Yesterday I was honked at after I had started moving, presumably as I wasn't moving fast enough yet.
I see trucks pulling on to the shoulder to let people pass, but it's not incredibly common. If I'm going under the limit I'll pull over, but usually not if I'm doing at least the limit.
Slashdot Mirror
Not everything can be reduced to a dollar figure. Maybe the actors had a really good time producing the movie, maybe they saw it not so much as donating their time, but using their time for leisure. I know if someone gave me the choice of giving them $some money or going with them and having a good time, I wouldn't consider the two options equivalent at all.
That is a good idea, I think I'll do that...
a) Bush was criticized for being stupid because almost every time he opened his mouth something stupid came out of it. People are still criticizing Obama for his "57 states" flubb while he was campaigning.
b) At the end of the 90's the Nasdaq and S&P 500 slowly dropped to about 50% of their highs over a period of 2-3 years, the DJIA lost 30% over the same period. In 2008 all three indexes lost 50% of their value over 3 months. Hardly what you'd call similar circumstances.
I don't really know enough about Dan Rather to comment on that point, and as for not really being elected I may have to partially concede that point.
The surface area is mostly holes running through each 'grain' of this stuff, so you can't put it up against another surface to do that trick.
I interpereted it that wbr1 had just typo'd or whatever, then you made a joke about that, then bkaul01 felt the need to spell out your joke. For the record I thought you were pretty funny, not funny enough for me to spontaneously coffee test my keyboard, but enough for a small smile.
Bingo, I often forget to plug my phone in, but forgetting to put it on the table is a very rare occurance.
Seriously, when did we start spelling out everyone's jokes?
Um... https://www.google.com/search?q=IPO
Exactly, I have a bunch of conditional trades just waiting for a "flash crash" of stock that I want. If/When it happens I will become quite happy.
Thing is, when you have a long tick like that, there's a very big window for bad news to come out. One stock goes through the floor and drags some others with it. You won't see it happen because the exchange is closed, but it will open a very long way from where it closed.
Also, I take issue with the idea that you should invest for dividends rather than stock appreciation. Personally I do look for stocks with good dividends, but there's nothing wrong with taking the money you've earned and rolling it into making the business bigger and better. Ideally the long term goal would be to issue a dividend, but that could be dozens of years in the future, and there's nothing wrong with investing for that future.
So, if I lend you my car, and tomorrow there's a news story about some safety issues with the car. When you return the car to me it is worth less that when we started. Have you committed fraud?
The companies always have the option of issuing more shares. A higher share price means that they'll net more from that.
But the fact that the stock market exists makes people more willing to buy stock when the company is issuing it. Most people would be quite reluctant to invest in a company if they had no idea how they could sell out later.
So, you're trying to tell me that you are indeed a 14 year old who's just read Atlas Shrugged. It's ok, you should have seen the stupid shit I was doing at your age. You'll grow and learn in time.
I would find another avenue with a better ROI.
Just to be clear, what does the I in ROI stand for?
I think I'm going to have to pretend to be a wikipedian and ask for a citation for this. Everything I've seen shows that revenue either stays the same, or reduces when the tax rate is dropped.
As another poster put it: there's no point trying to 'incentivise' investment. If I don't invest it I'll put it into a bank (no we're not all hiding money in our mattress, that would only make sense if the tax rate were at least 100%) The bank will then lend it out to someone else who wants to invest it. Either way the money is not sitting stagnant.
Man you guys jump through some hoops. How about this one: since the money he earned in the first place was taxed, he couldn't invest so much, so he didn't make as many gains, so he'll have to pay less tax now.
Perhaps I have you wrong, it is indeed possible that you have some very insightful ideas that I'm not seeing due to your comments resembling those of a 14 year old who's just read Atlas Shrugged and had his life changed. Perhaps a comment with a little more detail would help enlighten us.
Seriously dude, taxes aren't the overpowering evil you seem to think they are. We as a society have managed to use them to hold the world together for a few thousand years.
Do you think the people working at NASA, or for the Indian space program are doing it because they fear have their heads bashed with stones, or whatever the modern equivalent of that is?
Bet you're not in an F-150 though... My friend gets 14-15 mpg in his, and he sticks to the speed limits. It's also geared so that it has to rev its nuts off to do 80, so pushing it to 120 would send the mileage through the floor.
In Houston you get honked at, granted not as often as in other places, but sometimes the bloke behind you honks as soon as the light's green. Yesterday I was honked at after I had started moving, presumably as I wasn't moving fast enough yet.
I see trucks pulling on to the shoulder to let people pass, but it's not incredibly common. If I'm going under the limit I'll pull over, but usually not if I'm doing at least the limit.
Jumped in before I could comment that 16 bar (16*10^5 Pa) is indeed around 16 times 1 bar (near as makes no difference to 1 atm.)
I was actually thinking of this xkcd: http://xkcd.com/154/