Income Inequalities In America

391 Words2 Pages
For many decades the economic growth of American has shifted to different standards. Each generation of growing up in America can and will face different economic situations than the generation before them. It is a part of circular flow of economics. One factor that is brought up, especially in recent years is income inequality. During a debate hosted by intelligence squared, two sides argued the notion the rich in America are taxed too much. Beginning with the side for the notion that the rich are taxed enough was Robert Glenn who took a straightforward approach to the argument. He stated that historically when people begin to tax something you end up producing less or getting less out of it. He suggested that it be better for the rich to
Open Document