The Rich Should Pay More In Taxes Essay

Decent Essays
For decades one question has continuously came up― should the rich pay a higher tax rate because of their wealth? There are two separate types of rich. There are those who inherit the money, and those who have worked hard and strived to be a successful person. Therefore, to answer the question previously stated, higher tax rates should not pertain to the ones who made sacrifices to become wealthy. A vast majority of the people who become wealthy gave their time, money and effort to become self-made, successful people. Of course people could say, “Yes, the rich should pay more in taxes because they have more money than I do.” However, they only look at the small percent of the upper class who inherited the money, and so called “cheated their …show more content…
Some believe the rich should pay more in taxes in addition to others are complaining about how easy the rich have it. The chances are that the author who makes such a statement is highly likely to be uneducated or simply frustrated. However, some make valid points, and they have reasons for their opinion. A well-known politician, Paul Ryan, wrote about this issue and stated, “We 're all dependent on the government services that we too easily take for granted. The wealthiest Americans receive the greatest benefits, but they insult the rest of us by treating their tax responsibility like a game.” Again, the wealthy people that he is describing are the people who have either inherited the money, or so called “fake suits”, or are people who have made their money by climbing the corporate ladder of large corporations that have deceived average citizens to become so broad. We look at one’s reasoning, such as Paul Ryan’s, and think that it is easy to see why we should make the rich pay more. We could easily believe that they are playing games with us and we are simply a pawn in their enormous corporate scandal. However, one must ask one’s self, “What about the rich who earned their way of living? What about the ones who pay their taxes right, and they run a good business? What about those who their business is their life, and they may have money, but do they have anything else? What sacrifices have they made to put them in the situations that they are

Related Documents

  • Decent Essays

    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…

    • 1046 Words
    • 5 Pages
    Decent Essays
  • Decent Essays

    There is an inequality that those that are wealthy still pay the same amount of taxes as those who aren’t are. The reason why it’s a problem is because those that are wealthy don’t understand the struggles of having to pay what other have to pay. To them it could be pocket change, where as to those struggles it could be the brink of poverty. There are policies being introduced to cut the loopholes that these wealthy have in order to prevent income inequality. Altogether these reasons affect the cost of living to millions of Americans.…

    • 762 Words
    • 4 Pages
    Decent Essays
  • Decent Essays

    Park Avenue Film Analysis

    • 1000 Words
    • 4 Pages

    The film Park Avenue provides a glimpse of how the rich become richer and how their actions effect individuals in a lower socioeconomic class. On one side of Park Avenue it houses some of the richest people in the world while on the other side of Park Avenue so many families are struggling daily to find employment. The top 1% continue to gain wealth by buying/rigging elections in their favor, covering up environmental mishaps, and cutting necessary welfare programs. This is important to social workers because it makes it more difficult for us to find resources for our clients. As a whole the rich dictates what goes on in society and that is not fair.…

    • 1000 Words
    • 4 Pages
    Decent Essays
  • Decent Essays

    These politicians make much more than the average Americans and when they need money for their reelection campaigns they’ll turn to their rich friends and help them win reelection. And their rich friends will call in those favors when it comes a time to vote on a new tax bill that will increase a taxes on them. All while the average has no clue how much disadvantage he has just because he lacks money. The approval rating for congress is the lowest it has ever been. And it is up to us, the regular Americans to take action and ask questions and demand results that help Americans who don 't make millions or billions of dollars and not the wealthy…

    • 1491 Words
    • 6 Pages
    Decent Essays
  • Decent Essays

    1: What is Trickle-down economics Trickle- down economics is the idea that the money that the “Super Rich” spend circulates and promotes growth in the economy and benefits others. It is the theory that the drivers of economic growth are people that are successful in the economy and that from the tax cuts they receive they will spend more of their money in the economy and invest in business’s which will supposedly generate more jobs. Yet if this is in fact true then why is it that the living conditions are still bad and jobs are at an all-time low. It is promoting inequality and creating a bigger divide between the working class citizen and the super-rich. According to research done by (YouTube video) Britain is the only economy that has grown…

    • 851 Words
    • 4 Pages
    Decent Essays
  • Decent Essays

    As portrayed in the documentary Park Avenue: Money, Power and the American Dream, the wealthy population are financially supporting politicians and in return for their generous contributions, the politicians are rigging the system in their favor. This corruption is causing for the rich to get richer and the poor to get poorer. The wealthy are donating their “hard earned” money to simply make more money, while the poor population suffers to simply stay alive. According to the New York Times, “just 158 families provided nearly half of the early money for efforts to capture the White House”. These 158 are some of the wealthiest people in the world, and their goal for “capturing the white house” is to become richer so they can prove that they worked hard and accomplished the American Dream, while the poor people struggling to stay alive failed at the American Dream because they simply didn’t work hard.…

    • 758 Words
    • 4 Pages
    Decent Essays
  • Decent Essays

    The owners of media are among the super-rich and therefore “[the media is] dominated by the interests of the wealthy” (MacEwan 8) When the news has an implicit bias in favor of the rich the majority are used to further goals that may not be beneficial for them. .There is reliance on the rich to create jobs. “Political authorities at all levels believe that if they are unfriendly to business interests, they will run the risk of slowing business activity, reducing unemployment activity, reducing employment, and thus alienating voters” (MacEwan 9). The super-rich have the majority of power in American politics even though they make up a scant minority of citizens. This is inherently unfair and under a system of democratic socialism this would not be allowed.…

    • 1004 Words
    • 5 Pages
    Decent Essays
  • Decent Essays

    Bourgeoisie Vs Proletariat

    • 1002 Words
    • 5 Pages

    Corporations doing this are a way to keep themselves rich and create a bigger barrier between the rich and poor. The company’s competing with each other for more profit is the cause of the Monopoly effect. The monopoly effect is when the bourgeoisie and proletariats are competing with each other. This means that the poor are trying to live up to the rich expectations. The rich are always trying to outdo themselves that way the poor can never be at their level.…

    • 1002 Words
    • 5 Pages
    Decent Essays
  • Decent Essays

    Wealth Gap Between People

    • 1811 Words
    • 7 Pages

    People got wealthy by owning houses or lands; on the other hand, people got poor by owning them (Keister & Moller, 2000). For instance, when the real estate is getting high price people whose houses and lands are getting rich. That was the main cause for creating wealth gap, but it was more suitable and less bothered in changing. The benefit of real estate is not only for people who buy a lot of houses and lands but also people who own a primary house. In 1980s, the significant reason, which played role in being wealthy or causing the wealth gap in the United States, was the main residence (Keister & Moller, 2000).…

    • 1811 Words
    • 7 Pages
    Decent Essays
  • Decent Essays

    According to Shlaes, “The government modified taxes to tap wealthy people the most, who could take it in stride easily. The rich, conservatives, numerous businessmen- and those who were all 3- vigorously opposed the New Deal”(2). The New Deal was President Franklin D. Roosevelt’s “unprecedented number of reforms addressing the catastrophic effects of the Great Depression” (PBS,1). The New Deal interfered with the business of the rich businessmen, and they were not happy about that. The wealthy businessmen argued that they had worked hard for their wealth and deserved to be rich, they refused to pay their fair share of taxes to help out the rest of the American people and the American economy.…

    • 1262 Words
    • 6 Pages
    Decent Essays

Related Topics