Should Rich Pay More Taxes Essay

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Should the rich pay more tax than others? I believe so. It is all about relativity and certain circumstances. Some people are in certain situations that would not allow them to pay high taxes whilst others are in a position to that allows them to go on a holiday to the Caribbean every week.
Many people would argue over where do the boundaries of upper class, middle class, and working class fall. Some would say that anyone making more than one hundred thousand a year is rich and those who make less than forty thousand dollars is poor, others would say that those who make three hundred thousand dollars and more are rich whist those who make less then seventy thousand are poor.
So where are the boundaries drawn?
…show more content…
The term others would refer to anyone in the lower middle class and working class. Georgetown university stated that working class can be defines as “Anyone who works for an hourly wage and whose work is closely supervised is working class”. (Working-Class Perspectives) Since most people are supervised whilst working it could give out the wrong impression about the working class. Cambridge Dictionaries defines the working class as “a social group that consists of people who earn little money, often being paid only for the hours or days that they work, and who usually do physical work” (Cambridge Dictionaries Online) This definition of working-class is more accurate than the broadness of someone getting supervised for work. Additionally these people in working class may have more than one job to help them pay rent and buy essentials whilst those in the upper class would not have to go through the trouble of having more work, as they have enough money to live comfortably. This is one of the reason why the rich should pay more taxes than others because they can afford it. Many “rich” families can afford to buy everyone they are supporting luxury items, like a new mac laptop even after all the taxes are deducted from their incomes. For example The Daily Mail a British newspaper company, reported that wealthy parents spoil their children “The research, from PNC Wealth Management, shows that 82 per cent of millionaires in the U.S. believe their kids should be responsible for creating their own wealth rather than spending their life sponging off their parents - up from 65 per cent in

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