“In the past decade the wealthiest percentile has seen its income grow by 17 percent.” (Myers) So let’s do the math. The 1 percent of the population that already controls 40 percent of the wealth continues to get richer but the poor is still being asked to pay more in taxes. While this is happening the mighty 1 percent continues to receive tax breaks to protect their fortunes.…
Our system is very unfair, and even though there has been a lot of improvement over the years, there is still work to be done, because not everyone is treated equally by the law. It is time for our justice system to…
Former governor Bob McDonnell and wife are found guilty in the trail for conspiracy, corruption and bribery. Bob McDonnell is the former governor for Virginia and has been accused of 11 different counts relating to the conspiracy charges. As for his wife, she was brought up on 8 of those 11 conspiracy charges, also one charge of obstruction of official proceeding. Bob McDonnell was also brought up on two counts of false statements on bank loans, and as for his wife she was brought up on one count of that. Neither of them were found guilty of it.…
The progressive era lasted from the 1890s to the 1920s in American history and was largely founded on the ideals of eliminating corruption in the American government. The methods of doing so were extremely expansive and yet narrow minded at the same time. While the era is called the progressive era, the reality of the period specifically represents a fight against corruption, greed, and injustice. Today, we see these changes in a different light because they have become the norm in most civilized societies. First, — politically — one of the main goals of the progressive era was to make the government more receptive to the peoples wants and needs.…
For many years, many Americans “considered the prospect of growing income inequality to be unacceptably undemocratic.” (Noah, 18). Income inequality is at its highest level since before the Great Depression and it is a situation that divides Americans. The best way to promote equal justice in American and the best way to maintain strong economic growth is to have…
We could conveniently do a form of the progressive tax where all types of income are taxed equally. As of right now, many of the ultra-rich are staying on top by finding a loophole in the tax system and exploiting it. They are investing in stocks and earning money that is classified as qualified dividends; these qualified dividends are taxed at a much lower rate, and, thus, the loophole is being surpassed without much creativity…
IRS Scandal, Government Targeting Conservatives and its Evil Implications There has been a bounty of scandals and controversies associated with the current administration during these past 6 years. • Operation Fast and Furious • Benghazi • Bowe Bergdahl and the Five Taliban Trade • Obamacare • Secret Service Sex Scandal • Downplay of ISIS • Associated Press Scandal • NSA Scandal These are but a few of the questionable acts from a very long list. One scandal in particular, is enough to raise a few hairs on your neck. That is the Internal Revenue Service scandal.…
The wealth inequality in the U.S. has been growing gradually for decades and still, showing no signs of resolving it from any political candidates. It has been a vicious cycle that delivers detrimental outcomes to everyone. The rich people are getting richer due to the wealth they already have or inherited and resources that are ready to invest in lucrative activities or trades that are able to accumulate and could produce more rapidly new wealth. Additionally, children that were born or grown up in a rich family are more likely to attend college due to their tremendous influence and economic advantage, which may increase their chances to earn higher wages than any other social class. Whereas poor people are getting poorer due to individualism…
Congress's approval rating has been decreasing ever since March 2015. However, a new poll has shown what most people in America really think about congress. A poll showed that 52 percent of people believe that congress is corrupt. Not only do people believe that congress is corrupt, but they also believe that congress cannot relate to everyday people.…
Many people argue that injustice occurs due to corrupt police and dishonest judges, and they are the ones responsible…
Although each person has the right to make as much money as possible, in the United States the government should however keep the income rise proportioned by taxing the wealthy more and the poor less. In recent years the opposite happened where the taxes on the wealthy were cut from a top rate of 68% in 1980s to 28.5% by 1988. The share of federal tax revenue paid by corporations has dropped from 33 cents of every dollar collected in 1953 to less than 10 cents today. (Donald Barlett and James Steele: America: Who Really Pays the Taxes? Andrews and McMeel:…
“Corruption dominates the ballot box, the legislatures, the Congress and touches even the ermine of the bench... from the same prolific womb of governmental injustice we breed the two great classes - tramps and millionaires.” ~The Populist Party. The Gilded Age was an era of political corruption, spanning from 1865-1896. Its main focus was improving America’s business and industrial power.…
The Income and Wealth Inequality of America As a capitalist nation, the United State of America is facing a serious problem, which is the inequality of wealth and income. In pace with the growth of the economy, the rich people are getting richer and the poor people are getting poorer. The gap between the rich and poor is widening unprecedentedly fast. Why is that happening?…
The Gilded in America is the time period following after the civil war; the name, originates from the historical fiction book, “The Gilded Age”, written by Mark Twain and Charles Dudley Warner the book gives us a very good picture of the era of that time and how the thin covering represented all the great ideas and businesses (i.e. the railroad) was profitable but that what lay beneath it all was corrupt and a nation that desired materialism. What were some of the problems in the Gilded Age? In the book, American History, Stobaugh writes, “The Gilded Age was a period of obscene materialism and blatant political corruption in U.S. history. It was a time of massive industrialization and serious social problems.” With the title, The Gilded…
With America’s economy struggling, many citizens believe that the rich should be taxed more to help fix the economy. This issue has caused a division between those who believe the rich should be taxed more and those who do not. For example, when voting for presidents, this problem is a major factor of who gets voted into office. The reason that the rich can be taxed without the rest of the country being taxed is, America’s income tax system is set up by using a graduated tax bracket. This means that the more money a person makes, the higher the percentage of money they have to pay.…