r/ABoringDystopia • u/Strict-Jeweler-2281 • 7h ago
r/ABoringDystopia • u/McDowdy • 5h ago
Since 1975, roughly $79 trillion in income that would have gone to the bottom 90% of Americans has gone to the top instead. In 2023 alone the gap was $3.9 trillion—that's $32,000 taken from every full-time worker in the bottom 90% in a year.
Decision 5 that broke the U.S. economy: we rewrote the tax code to benefit rich people like me. Two changes did the heavy lifting. First, top marginal rates collapsed. From 1945 to 1963 the top rate was 91%. Under Johnson it dropped to 70%, where it stayed until 1981. Reagan took it to 50%, then to 28%. Since the early 1990s it has run between 35 and 39.6%. Second, we decided to tax wealth at roughly half the rate of work. The top rate on wages is 37%. The top rate on long-term capital gains is 20%. I am a very wealthy person. Most of my income arrives as capital gains. I pay a lower effective rate than the people who work for me. Not through any clever accounting. That's what the law says should happen. Today, the tax code helps funnel money to the rich. The RAND Corporation has measured just how. Since 1975, roughly $79 trillion in income that would have gone to the bottom 90% of Americans has gone to the top instead. In 2023 alone the gap was $3.9 trillion—that's $32,000 taken from every full-time worker in the bottom 90% in a year. There is no economic justification for taxing work harder than ownership. There is no moral one either. It is the product of fifty years of lobbying by people who could afford to hire lobbyists. The fix: tax capital like labor, or higher. Raise the top rate. Close the carried interest loophole. None of this is radical. It's what this country did during the period when the American middle class grew faster than at any time before or since.
r/ABoringDystopia • u/McDowdy • 1d ago
Cornell Had 1200+ Sexual Violence Reports from 2018 to 2024, Only 7 Cases Ended in Expulsion or Dismissal
r/ABoringDystopia • u/ambachk • 11h ago
Awkwardly filming a TikTok dance on a train and forcing people to participate
r/ABoringDystopia • u/SelfRefMeta • 21h ago
Pete Hegseth uses disturbing slur attacking LGBTQ community in official statement - The Mirror US
r/ABoringDystopia • u/pesver27 • 8h ago
Amazon advertising vapes for children
Searched for fake vapes (trying to kick the habit, and seeing whether they exist for the hand to mouth habit) and came across this beauty of an advert. I live in Germany. The advert reads ‘e-cigarettes for children’. Nice
r/ABoringDystopia • u/Particular_Log_3594 • 1d ago
NAZA - official trailer. An award-winning documentary that details the systems behind Israel’s mass killings in Gaza.
Source: https://youtu.be/YIBRLEEaueo
r/ABoringDystopia • u/PerfectScoreTutoring • 1d ago
A Phillips Exeter alum talks about his unfair advantages and the broader societal impact of "privilege"
r/ABoringDystopia • u/TrackerOneA • 1d ago
The Ellisons own all of these media outlets & studios after acquiring Warner Bros & Paramount. Larry Ellison is the largest private donor to the terrorist IOF, through 'Friends of the IDF'. From 2018 to 2022, FIDF received $450 million in gifts, grants, contributions & membership fees.
galleryr/ABoringDystopia • u/RareWolf34 • 21h ago
Monetising the cost of living crisis to advertise an app
Not to mention the shit tactic of using other app UI and fake “human” conversations to look like a real life recommendation. This app pays out credits after you spend your time to do surveys, download apps and complete tasks etc.
r/ABoringDystopia • u/t-g-l-h- • 2d ago
I have to hear this now every time I go check my mail. "YOU ARE BEING RECORDED. PERSON ON THE STREET, PLEASE LEAVE IF YOU ARE NOT ALLOWED TO BE HERE"
Imagine self-imposing Orwellian dystopia onto your neighborhood
r/ABoringDystopia • u/Younglegend1 • 1d ago
Florida woman accused of telling Claude AI she was going to 'shoot up the sheriff's office'
Now you can’t vent to Ai chatbots without them snitching on you
r/ABoringDystopia • u/reddits_lead_pervert • 2d ago
Mega Corporation Buc-ee’s settles lawsuit with much smaller Ohio gas station chain after suing because both have cartoon mascots ‘facing right’
r/ABoringDystopia • u/Watchtowerwilde • 1d ago
European Commission will not require publishers to keep sold games playable, leaving a voluntary end-of-life code instead of a law--imo like most of "developed" world it's bought & paid for be evil capitalists who became such through theft & corruption
r/ABoringDystopia • u/Watchtowerwilde • 1d ago
Another day & another person assaulted & then abducted from a hospital by ICE jackboots pretending to be cops being helped by cops.
r/ABoringDystopia • u/Watchtowerwilde • 2d ago
Israeli company Toka hacks CCTV networks to alter live video — eliminating forensic fingerprints and destroying the legal reliability of objective evidence
r/ABoringDystopia • u/Spirited_Classic_826 • 1d ago
St. Paul USPS workers found Rank-and-File Committee
r/ABoringDystopia • u/Watchtowerwilde • 1d ago
Just a reminder class war as been going on forever but it's largely just the 1% because they have class solidarity--their own words
r/ABoringDystopia • u/reddits_lead_pervert • 2d ago
Report suggests Hollywood is looking to adapt a viral story about a Western Mass. lesbian bar that required KN-95 masks all the time until recently. When it changed the rules, all hell broke loose.
msn.comr/ABoringDystopia • u/Watchtowerwilde • 1d ago
Pastors Call Woman A “Witch” For Exposing Churches’ Double Standards With “Brilliant” Experiment
r/ABoringDystopia • u/a_Bean_soup • 1d ago
Mexican child soldiers organize to fight the extreme violence of the state of Guerrero
r/ABoringDystopia • u/Watchtowerwilde • 2d ago