Essay --

Income in correspondity continues to increase in todays world, especially in the United States. Income in equality means the unequal distribution mingled with individuals assets, wealth, or income. In the Twilight of the Elites, Christopher Hayes, a liberal journalist, states the inequality porta amongst the rich and the unequal are increasing widening, and there need to abide things done - revenue enhancement the rich, provide better education - in consecrate to shortening the inequality gap. America is a meritocratic country, which means that everybody has equal opportunity to be successful regardless of their class privileges or wealth. However, equality of opportunity does not equal equality of outcomes. People are having more than opportunities to find a better job, but their incomes are a toilet less compared to the top ten percent rich people. In this way, the poor people will never climb up the ladder to heights status and become millionaires. Therefore, the govern ment demand to increase all the tax rates on rich people in order to curtail income inequality. 1. appraise Cuts Caused Income InequalityIncome inequality is a big problem in the United States because the top, wealthiest American saw huge increases in their incomes, which the rest had their incomes go down. Bottom people do not assume the same make sense of money and the opportunity to move up the social ladder as the rich people do. In order to reduce income inequality, the government needs to tax the rich people more, and give poor people more money and more social services - education, food subsidies, health care. 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 advantage states, as the top tax rates a... ...ot let this inequality gap continues to rise therefore, the government needs to tax heavily onto the rich people, and distribute their money to the poor. I f income inequality continues to grow, the economy will break down. For example, if the housing equipment casualty continues to rise because of the rich people, poor people will not defy 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 grade of the house exceeds the houses value therefore, nobody will buy the house including the riches since they already have houses to live. Moreover, poor people do not believe they can birth access to wealth because they cannot afford anything, and they cannot afford the tuition fees for a heavy education, which is the traditional route to success.