Taxpayers have to help support families that can’t support themselves with dismal pay that does not feed them or provide them with the basics to sustatin themselves. Walmart is the king of low price competitors, but at what price? It’s customers benefit more than the employees of the world’s largest retailer? This is true and has been so for over 50 years. They must be stopped, they must be forced to pay competitive wages, employees need to stop suffering to save Walmart’s bottom line.
Once the structure is finished and ready for a family to move in and call it a home, it is placed on the market by a real -estate agen... ... middle of paper ... ...ich? How much fortune does it take to make you happy? You know that most major home building corporations have ever increasing profit when not even the laborers of their team can never dream or purchasing one of the houses they help build. To the banks; Please take a moment to think about the loans you are going to make to these families. Think if this huge home is ideal for a man and his wife with no desire for children.
Wealth inequality is a real issue that needs to be fixed. The imbalanced growth of the upper class compared to the middle class is a danger to American society as a whole. The rich becoming richer while the middle class remains the same leads to a power imbalance, with the rich using their money to run the country the way they see fit while the middle class speaks to ears that do not listen. The issue of wealth inequality needs to be fixed by raising taxes on the rich. Paul Krugman 's New York Times article “We Are the 99.9 Percent” and George Packer 's Foreign Affairs article “The Broken Contract” both share similar points of view.
The American deficit grows every day, along with the wealth divide between the wealthiest and poorest Americans. The nation’s financial standing is worsening by the second, and something must be done to improve it. The richest Americans are only getting richer in this time of economic crisis, and tax increases for the wealthy are a viable way to more equally distribute wealth throughout the lower classes in the United States. It may be true that some of the wealthiest citizens have earned their money, but action should be taken to help the struggling majority of the country instead of the privileged few. The United States has a responsibility to give the lower classes an opportunity to rise out of poverty, and if the lower class continues to grow like it is now, this nation could have larger problems to deal with in the future.
The Republican's package is a tax cut for the rich, it;s much more a tax cut for the middle class -- and a bad deal for the working poor. But I do understand, no matter where the cuts go, or who they hurt more, the dollars must come out. Take the dollars away from the rich and the greedy politicians who want more and more each year for their own benefit!! Most of these politicians are set for life with their million dollar benefits
While the governme... ... middle of paper ... ...ve more money to spend on people who need it. America’s social inequality can gain from it by bringing the rich and wealthy closer to the middle class. These steps need to be taken in order for the United States to progress and return to a country of opportunity. Krugman believes that “today America’s state is troubled” but we can help “to reduce inequality and make America a middle class nation again” (Krugman 263). The government can profit by raising the taxes on the rich.
Wal-Mart keeps these employees from sharing in these gains by keeping them in scared and in poverty. Ever since I started working at a market I then realized not only Wal-Mart excludes its employees and the poor from sharing in gains. The low paid employees at Wal-Mart will never share in gains as long as they work at Wal-Mart. Mallaby admits Wal-Mart can treat their employees and other retailers unfairly, but as a result everyone can share in the 50 billion in savings that American shoppers consume annually. The pay that employees get is the price they must pay for low priced merchandise.
HUD helps first time home buyers become contributors to the American economic stream. HUD requires buyers to attend financial classes, to understand and successfully save the correct down payment, and to also put in sweat equity into their pending new home. This three way approach to home buying is an established best practice for home buyers. Non HUD home buyers do not always know the important information needed in buying and owning a home. Capitalizing on HUDs approach and showing the home owner how to make the most of their investment is a great solution to red... ... middle of paper ... ... homes purchased that cannot be afforded, plummeting property values, a group of consumers not prepared for unexpected expenses and emergencies, poor refinance decisions and bank lending practices needing reform.
Tax cuts are only benefiting the richest people, and will widen the inequality gap between the rich and the poor. A recent report from the Congressional Research Service states, “as the top tax rates a... ... middle of paper ... ...ot let this inequality gap continues to rise; therefore, the government needs to tax heavily onto the rich people, and redistribute their money to the poor. If income inequality continues to grow, the economy will break down. For example, if the housing price continues to rise because of the rich people, poor people will not have a place to live since they cannot afford to buy these expensive houses. When this happens, it will create another housing bubble because the houses are not worth buying, which means the market value of the house exceeds the house’s value; therefore, nobody will buy the house including the riches since they already have houses to live.