#reagan

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TheBadPlace
@TheBadPlace@mastodon.ozioso.online · Apr 28, 2026
The Atlantic | So Nobody Is Going to Pay Taxes Now? by Annie Lowrey AI generated summary, Read the full article for complete information. The article warns that America’s fiscal foundation is eroding as Congress runs trillion‑dollar deficits while simultaneously encouraging a nationwide tax revolt, slashing rates and expanding loopholes that make many Americans view income‑tax bills as unfair. It traces how both Republicans and Democrats have perpetuated a system that favors the wealthy—through historic tax cuts, targeted deductions, and recent proposals to eliminate taxes for specific groups—while the tax base shrinks due to an aging population and rising mandatory spending on Social Security, Medicare, and other services. This combination of reduced revenue, soaring interest costs on existing debt, and politically driven tax policies jeopardizes the nation’s long‑term solvency, making it increasingly difficult to fund essential programs or pursue ambitious policy initiatives without broadening the tax base or raising rates on high‑income earners. Read more: https://www.theatlantic.com/ideas/2026/04/tax-revolt-irs/686926/?utm_source=feed #IRS #FederalReserve #SocialSecurity #Medicare #Reagan #Trump #Republicans #Democrats #
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ratatosk
@ratatosk@mastodonapp.uk · Feb 01, 2026
Vineland is a 1990[a] postmodern novel by Thomas Pynchon set in California in 1984, the year of President Ronald Reagan's reelection. Through flashbacks, its characters, who lived through the 1960s, account for the free spirit of rebellion of that decade, and describe the traits of the "fascistic Nixonian repression" and the war on drugs that clashed with it. The book portrays transformations in U.S. society from the 1960s to the 1980s. - Wikipedia My first Thomas Pynchon novel, despite having meant to read him for decades. A dense, intense read, but very worthwhile, and whilst about Reagan's Amerikka and what preceded it is nonetheless very relevant to the events we are living through today. I look forward to reading the loose adaptation, One Battle After Another. #ThomasPynchon #Reading #Novels #USA #America #Nixon #Reagan #WaronDrugs
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Boosted by Philip C James @PhilipCJames@mas.to
markwyner
@markwyner@mas.to · Dec 29, 2024
Frank Zappa telling the future in 1986. That future being today, in America. #Fascism #Theocracy #FrankZappa #Reagan #GOP #America #Nationalism #ReligiousExtremism
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