Wealth Inequality Research Paper

In our current society in the United States, wealth inequality has grown by leaps and bounds. As time is passing, we are seeing that the rich individuals in our communities are getting richer and the poor individuals are getting poorer. This is to be expected with capitalism at the base stage, but one would think that there would be measures in place to prevent the poor from getting too much poorer. However, in the United States at least, some of the wealthiest members of society are, unfortunately, also lawmakers. Many politicians write laws that only make them wealthier, while putting the financial burden on the lower income individuals and families of the population. This must be changed, as the average person cannot be expected to slave their lives away for a paycheck so the wealthiest members …show more content…
The truth of the matter is this: the wealthiest members of society already pay more taxes than anyone else, as far as numbers go. However, the wealthiest one percent of the Earth’s population also owns roughly forty-eight percent of the world’s wealth. Obviously this group would pay more taxes – they have nearly half of the world’s wealth. In a society where the rich politicians make the laws and ultimately control the lives of the average citizen, there is no wonder that there are ways they can avoid paying their share in taxes. This cannot be tolerated; everyone must pay their dues to the governments under which they live, whether they are public service employees or not. In the words of Thomas Paine, “Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one.” Taxes must be paid, no matter how one feels about the system and there must be no loopholes; not for the rich and not for the poor. Rather, the entire system that governs how we pay our taxes must be completely revised to be fair to all Americans, no matter their backgrounds or their