Category: Income Wealth Gap

The Problem of the Wealth Gap in Contemporary American Society America, the land of plenty, has always experienced an abundance of wealth, but has the unequal distribution of this wealth become our downfall? Its easy to see that people in the United States are getting richer. However, a fraction of the wealth is becoming an…

Income Gap and Unhappiness The income gap is when the gap between the wealthy and the poor is very big. This is an issue that is still affecting many people to this day, it is an economic impact that many people have to face. However, the income gap does not only stop at being an…

Wealth Gap Between the Rich and the Poor in Australia Similarly, in 1901, every Australian had the right to vote, however in 1902 Aboriginal and Torres Strait Islanders were not allowed to vote in Federal Elections until 1962. They were also not considered in the census until 1967 (Australian Electoral Commission, 2017). A White Australia…

Strong Inheritance Tax as a Possible Solution to Growing Poverty and Inequality Poverty is an increasing issue in modern day that stems from wealth inequality. Families that hold wealth throughout generations are making an increasing gap in income in the United States which is making the poor even more poor. Poverty can have several negative…