Income Inequality Not All Live Equal Lives - 1198 Words

Income inequality is a major issue throughout society in the United States of America, due to a corrupt and inconsistent economy that is displayed for individuals to suffer through. Those who are rich or poor in the United States of America should not all live equal lives. Yes, rich people benefit the most from income inequality, however they do not participate towards a fair level of taxpaying commitment, in comparison to those individuals who live low or middle class lifestyles. Anger occurs frequently from high-class individuals when the conversation of equal tax paying money becomes issued as a relevant topic and issue. The answer towards fixing income inequality should not make every high, middle or low class individual live in an equal wealthy lifestyle, it actually means the opposite view. As the three different social and wealthy classes exist, all of those individuals who live in their classified lifestyle, should have to pay taxes in the economy that appear fair and appropr iate towards the type of income that they receive. Low and Middle class individuals contain more of a population in comparison to those individuals who live in a high-class society. The term inequality stems from an economic background. Income inequality has increased significantly since the 1970s after several decades of stability. Overall, income inequality can be easily translated to the total share of the nation s income that is received by higher income households. This type of economicShow MoreRelatedThe Code Of Academic Integrity And Promote Ethical Behavior Essay1251 Words   |  6 Pageshave not engaged in cheating, forgery, or plagiarism and I have cited all appropriate sources. 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In her story she identifies with race, economic inequality, and literary epiphany during the early 1970’s. In this story children of African American progeny come face to face with their own poverty and reality. This realism of society’s social standard was made known to them on a sunny afternoon field trip to a toy store on Fifth Avenue. Through the use of an African American protagonistRead MoreIncome Inequality Essay938 Words   |  4 PagesIncome inequality has affected American citizens ever since the American Dream came to existence. The American Dream is centered around the concept of working hard and earning enough money to support a family, own a home, send children to college, and invest for retirement. Economic gains in income are one of the only possible ways to achieve enough wealth to fulfill the dream. Unfortunately, many people cannot achieve this dream due to low income. Income inequality refers to the uneven distribution