Analysis Of Wealth Inequality In America

Decent Essays
I certainly think that the inequality of income and wealth is a social problem and it needs to be addressed. In the Wealth Inequality in America video we watched, it was stated that “the top 1% of America has 40% of all the nation’s wealth”. When the top 1% of the richest people in America have 40% of the total wealth of the nation, that is a problem. This is way beyond the point of the rich and wealth just living a luxurious lifestyle when they have 40% of the total wealth of the nation. I don’t like the idea of taking away money from people that worked hard to earn it, but at a certain point, I feel that the incomes they are making are way out of proportion and are not appropriate for the work they are doing. Frankly, I think that some

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