If one acquires something from another person in the name of equality, is he or she actually supporting his or her cause? Monetary equality has been a subject to question for centuries—a question that has themed English Folklore and sparked radical revolutions in the United States and France. Even in modern America, the idea of "all men are created equal” has been a point of contention in various topics ranging from race to riches. Though the United States might not be close to a rebellion scaled to the French Revolution, modern “Robin Hoods” have agitated the idea of pseudo-equality, by proposing higher taxes on the rich—even if those with a higher income stimulate the economy. Nevertheless, it is important to note the undeniable, vast …show more content…
However, the problem with the progressive thinking of levying extraneous taxes on the rich is that it will not—as some economist suggest—level the playing field, but will ultimately maintain and or expand poverty within America by depleting entrepreneurship and jobs, willingness to invest, and decrease philanthropy. Before delving into the topic at hand, a look at the current and projected tax system will help understand the predicament of taxing the upper class. According to Bardes, Schmidt, and Shelley, in the textbook American Government and Politics Today: Brief Edition, Americans pay a variety of federal, state, and local taxes, which are all assessed on most sources of income, sales and land. Bardes et al, made their agenda clear by pointing out that “the wealthy receive a much greater share of their income from these sources (capital gains, rents, royalties, interests, dividends, or profits from business), than others do (315).” But what is considered wealthy? In the article, Who gets to be “Rich”, Jordan Weissmann reported that a household income of around $113,000 lands one at the top 10% of income earners, while $394,000 makes one a
James Madison once stated inequality of the rich and poor predicament to be “evil” and believed that the government should avoid an “immoderate, and especially unmerited, accumulation of riches” (Johnston, 2016). As one of the founding fathers of our nation, James Madison had a concern about the separation between the rich and the poor. He felt the government should do what it could to avoid the separation, which one can infer that he meant for the government to tax the rich by a greater percentage, thus reducing the financial burden on the poor. A rift has always been present between the rich and the poor throughout history. Depending upon the job, the working class may or may not make enough to support a family. At this point, the
In regards to the American Revolution, the point that armed rebellion became inevitable arrived when after nearly five constant years of American colonist protesting. American 's had enough and needed to take a stand for the numerous inequalities they were forced to deal with. It was foreseeable that the American Revolution took place due to the unfair taxes that the British were giving Americans. Also, England was not allowing Americans their freedom, along with violence and the political dominance by the Parliament over the colonies by announcing the Stamp Act in 1765, which happened to nearly affect all Americans tremendously.
Between 1770 and 1776, resistance to imperial change turned into a full-on revolution. The American Revolution, also known as the Revolutionary War, was a time of revolting and political uprising, in which the 13 colonies separated from the British Empire, forming the independent nation known as the United States of America. Though the American Revolution began because the colonies wanted independence from Britain, many important historical events and revolts also lead to the tensions and resistance to what resulted in freedom and independence for the colonies from British rule. Events such as the Stamp and Sugar Acts, the Boston Massacre, Boston Tea Party, Intolerable Acts, and the Continental Congress led to expanding tensions and soon to the outbreak of the American Revolution.
“The revolution was effected before the war commenced. The revolution was in the minds and hearts of the people.” - John Adams, 1818
The main concepts of the article are describing the corporate welfare system and how it is responsible for growing economic imbalances between the poor and rich populations. The article elaborated on how we cannot ignore the issue anymore because of the substantial loss that we are facing by letting the gap grow (Huff, 1993). The article also goes into the IRS and how there are tax exemptions and deductions that people qualify for and what is allowed.
In the United States, the top one percent received about 20 percent of the overall income for 2016. This creates an uneven distribution of income causing Americans to argue about whether or not the wealthy should pay more in federal income taxes. One side of the argument is that the wealthy make a huge portion of the nation’s income; therefore, they should have higher tax rates. The other side argues that wealthy Americans already pay their fair share of taxes by paying nearly 40 percent and should not be forced to pay more. These arguments both use compelling evidence to make their claims; however, a solution could be reached by increasing the tax rate of the top one percent by only 10 to 20 percent.
When the American Revolution first broke out, many countries did not give the colonies more than a passing thought; most assumed that this rebellion would quickly be quelled by the world renowned British army and the colonies would once again be under their control. However, under the leadership of military officers and the guidance of laws and proclamations set forth by the Founding Fathers, America succeeded in their revolution against the control of Britain. Textbooks and teachers have praised America for years, stating that the revolution was a major turning point in world history, setting precedence for future revolutions, such as the French Revolution just a decade after the American Revolution ended. However, in later years, historians have begun to argue that the American Revolution was not the first of its kind, or unique in the way researchers previously stated. The Declaration of Independence, though groundbreaking in its own right, was influenced by documents and declarations in the English Civil War, such as the Petition of Rights and the English Bill of Rights. The Declaration of Independence, in turn, was a base for the authors and contributors of France’s Declaration of Rights of Man and Citizen. Furthermore, for all the connections in the chain of antecedents for these documents and the documents themselves, such as philosophical and religious writings, they did not build off of each other in terms of giving rights to more and more people; women and other
The American Revolution, think you know everything about? You don’t, as much as the soldiers that fought had a lot of courage, it was the members of the Culper spy Ring that had the most to do with the victory the Americans had over the British, in the American Revolution. It was ordinary citizens that saved the revolution and don’t get credit for it. Espionage, intelligence was the key to winning the revolution. With the help of spies, invisible ink, misinformation, codes, ordinary citizens, including women, and lots of courage the members of the Culper Spy Ring saved the revolution and helped the founding of America.
There are many different views on how the American Revolution came to be and how it actually was. One way is that the colonists that had money and were known as the elite were trying to preserve their power from the British and this is what caused the revolutionary war. Then on the other hand before the revolutionary war occurred when the colonists were being over controlled by the British, then in result of the American Revolution the colonists were able to win against the British and become stronger, more united, and have the type government they wanted. As described in Gordon S. Wood’s essay Radical Possibilities of the American Revolution, the colonists only wanted to be free from the control of the British and the only way they could accomplish that was to have a war with Britain to show that they could hold their own.
There is no doubt that wealth inequality in America has been escalating quickly; the portion of total income earned by the top one percent has doubled since the beginning of the 1970’s. The wealthy are the main beneficiaries
Wealth inequality has become a hot-topic in recent years, this is because the return rate on capital, such as stocks or real estate, outruns that of economic growth which resulted in the wealthiest grasping a growing share of wealth, leading to increasing inequality. The unequal distribution of wealth has been a major hallmark of the U.S economy, and among its most notable and lasting results, but until it was brought to the awareness of the public by the Occupy movement’s catch phrase referring to “the 1%” of the populace who control half of the nation’s wealth, this issue had not been brought to the limelight of public economic and political discourse since the Great Depression of the 1930s, and almost every American is basically unaware of the true magnitude and character of the unequal distribution of wealth in our country. Inequality in wealth i.e. the sum of household savings, home equity, investments, and debts is
Edin and Skinner begin their article by explaining to their readers that income inequality is a prevalent and complex problem in America today. The authors also point out that although President Obama and several other Democrats have proposed legislative approaches, such as raising the minimum wage and taxing the rich, to combat this problem, it will take a long time for these proposals to become law due to the Republican-dominated Congress. Because the authors believe these laws will take too long to be put into
Why shouldn’t the wealthiest of Americans pay a higher percentage of their income for taxes? Certainly, things would get better if the wealthy paid more taxes. This philosophy is why welfare continues to exist today. People worry more about what is right for the other person without looking at themselves and taking responsibility. It is overrun with individuals who prefer to be on welfare than to work hard and contribute to society. This doesn’t mean welfare is not needed, but that it should not be a career. It offers no permanent solution, but only prevents a real solution from being realized. So why should the wealthy pay a higher percentage of taxes just because they can afford it? They work hard, so shouldn’t they be allowed to keep what they earn? This is not an example of scrooge-like behavior, but that hard work should have its rewards. The way to a better life should start with hard work and the desire for independence from government support. This would help people regain personal pride and become productive members of society, rather than a drain on its resources. It is not a crime for the wealthiest to earn high incomes. Shouldn’t hard work pay off? Why be penalized by paying a higher percentage of your income when you worked hard to make that income? Simpler solutions are required.
The United States during and after the American Revolution was wrought with tremendous societal change and massive upheaval. A new republic emerged with grandiose ideas of civil liberties coupled with intense debates on the inalienable rights of men. As intellectuals across the country debated amongst themselves naturally questions about gender began to spring about. Although the new republic proudly proclaimed that all men were created equal, some, particularly affluent women, began to question what this meant for women in particular. One individual, both a prominent writer and political activist at the time, sought to challenge these preconceived notions of what women’s role in life should be. That individual was none other than Judith Sargent Murray.
Two important factors that determine a workers' income, regardless of their class, are their race and gender. Minority groups as well as women are less likely to receive an income they deserve, regardless of the job. They are seen as less educated and less capable of doing certain jobs, and they are restricted in advancing and achieving a more suitable income. Only the top capitalists, white males, are receiving the bulk of the nation's income revenue and all the benefits that come along with it. They are the richest people of the United States and instead of being taxed like everyone else, they are allowed even more lee-way. "There is a solution to this problem that will save small farms and businesses, eliminate the death tax' for all Americans and still preserve the integrity of the federal budget: Tax the net worth of the very richest Americans on a regular basis during their lifetime" (Eitzen & Leedham pg. 40). The already rich continue to earn more and more money with their jobs, and they are not being taxed in proportion to their income. They have gotten away with accumulating more of the nation's wealth, while others struggle to make it in life.