Arguments Of Income Inequality

730 Words2 Pages

Marc Priester and Aaron Mendelson say that income inequality has been increasing for the last 30 years. The definition of income inequality, “…refers to the extent to which income is distributed in an uneven manner among a population” (Priester and Mendelson). In the United States, income inequality is a gap between the rich and poor (Priester and Mendelson). Income inequality has several views that include the Conservative, Liberal, and my views. The Conservatives aim to give the poor the opportunities to reach the wealthy’s economic bar, instead of taxing the rich more (Benac). Some sources say that income inequality is not the problem, but rather the upward mobility, the opportunity to move to a higher economic class, is the problem (Pethokoukis and "Upward Mobility Definition"). Conservatives want to increase the upward mobility by people getting an education and tax reform to increase jobs and decrease wage stagnation (Garry). Timothy Noah says, “The way out is to reject the assumption that government’s purpose is to redress inequalities of income.” For the most part, Conservatives do not have a lot of effort being put in to fixing income inequality. …show more content…

Liberals would, for example, spend money on infrastructure to create jobs (Luhbi). Defeating income equality also includes raising taxes, more government spending, and more business (Garry). Taking away from the rich to give to the poor, by taxation, is a way that the Liberals would try to fix the problem (Prager). Another way the Liberals want to help is by raising the minimum wage (Garry). However, there are arguments that bigger government getting involved has, in fact, widened the income inequality

Open Document