The Biggest Problem In America

“The one percent” is a tiny percentage of American’s that control nearly half of our country 's wealth. Does anyone else find this a problem? As a poor college student, living in the middle class, I am dreaming of the day I will have a yacht, mansion, private plane, and my own range rover. Although it is nice to fantasize about being in that, “one percent,” coming from an average middle class family, the reality of this is slim. This is a problem the majority of us are facing. The problem of “the one percent,” and inequality is a BIG problem the United States is facing that can be resolved by revising our income tax brackets and making people aware of the issue going on around them. Almost ninety percent of the country is facing this issue. The middle class makes up the majority of our population and many of these people are getting stuck working minimum wage labor like Barbara Ehrenreich did in …show more content…
Chang is right and some shouldn’t go hungry while others live luxuriously with their range rovers and million dollar mansions. My solution to this, is to tax the wealthiest at higher rates. I believe by doing this it will actually boost the middle class and lower classes rather than depending on the trickle down effect. After listening to the income gap presentation, I agreed with their solution. Revising the income tax charts should be the first step to fixing this problem. To the right is a rough draft income tax bracket I made to show the overall idea of creating a fair system. I believe that making the wealthiest pay a 30-40 percent tax will still provide them with an over abundant amount of income, while creating a lighter load for the lower class who cannot afford to lose a great amount of income on