The Issue Of Wealth And Income Equality

Today, we live in the richest country in the history of the world, but in reality the wealth is controlled by a small percentage of individuals. The issue of wealth and income equality is the great political issue of our time. The 2016 Presidential Candidates all differ from their view of equality in the election. Many of the candidates are for breaking down the barriers, and creating equality for all. The nation is now in the midst of a fascinating presidential campaign that, as always, creates an opportunity for a national debate on this very subject and specific policies for the candidates and their parties. Republican candidate, Ted Cruz drives home valid point that rising inequality and stagnating wages are at their worst point since the 1920’s. Cruz continues to convey that the wealthy have benefited from a six-year rise in the stock market, while the working class has barely seen any increase in household income since 1995. Cruz advocates for a low-rate flat tax that will boost an economic boom, creating jobs and opportunity for all, which all the while, will result in a permanent increase in the size of the U.S. economy. …show more content…
Sanders, with pure determination, seeks to stop corporations from shifting their profits and jobs overseas to avoid paying U.S. income taxes. He wants to help teenagers and young adults have the jobs they need by investing $5.5 billion in a youth jobs program. This will help encourage them to move up the economic ladder. He will sign into law the Paycheck Fairness Act which will break the outrageous gap of pay between men and women. Currently, a woman earns just 78 cents for every dollar a man