Argumentative Essay: Should Rich Pay Higher Taxes?

As stated in the text,”In truth, it is more than a coin—it is a piece of American culture.” Even though the penny has some culture, culture is nothing compared to losing money the losing money part is way more important than just being part of American culture. This shows how people can hold onto the smallest things for the dumbest reasons. Another thing stated in the text was,”Still, for many people, the penny's sentimental value remains the same.” Even though the penny may have some sentimental value the government is losing a ton of money minting new pennies because they cost more than they have in value.

Why must the rich pay more tax to help the poor? Although taxing more on rich seems unfair for the rich, it is necessary that rich people should pay more tax and the amount they pay are based on their incomes. First of all, the important reason that can be presented is that the rich people have utilized the public system more. As Elizabeth Warren said, "There is nobody in this country who got rich on his own. Nobody.”

The Outsiders Have you ever wished you could be rich? Or have a bigger house? Do you think that those who are not rich are a menace? Well in the book The Oustiders by S.E Hinton, The socs are more of a menace than the greasers because of the money they have, their parents mindset, and the society’s popular choice.

Abigail replied: Yes. Should we pay more taxes for people in the military? Elisa replied: yes, celebrities already got too much money, why would they need more. It sucks that they get paid so lowly even though they risk their lives to protect their country. How much money do you think celebrities and people in the military should get paid?

Do Rich People Get Off Easier When They Break The Law? There has always been arguments over the thought of people with money getting away with breaking the laws easier. In every justice system there are things that seem unfair to some. Wealthy people have the money to buy better options to win their cases than people without money.

However, this is not true it can be seen all over different part of the united states where wealthy suburbs are built where poverty is just help the city. The idea of trickle down economics is that by doing this it will help motivate the people to something or try harder. The fact is that in some way that is the best that some people can do and that just the truth. Beverly 3 In Laura’s family case being wealthy is a sign of stature and appetence which be one of the treason why the party did not stop.

Corporation should have a first amendment right to spend as much money as they want to influence the outcome of an election. However when corporations, donate unlimited amount of money, it is to get something in return. Which leads to corruption because candidates are more likely to be drawn by the money and change their positions so that it aligns with the business, unions and only benefit the rich. That in itself goes against the first amendment because the average american can not have their free speech herd over the millions of dollars donated by

This system was developed to prevent the establishment of a monarchy. Although families with money and status were the most powerful, and said to be entitled to “the good life”, politics became a game for the rich as they took to offices with the intent of enforcing the patronage system, keeping the power of political office in the wealthiest families. Greed and extortion of power caused a breakdown in integrity as the poorer citizens were forced to get support from those with money in order to receive fair treatment. Those in office realized the monetary gain that could be obtained from politics when they began to prosper from the spoils of war.

Krugman writes, “the rich weren’t just getting richer; they were becoming a financial foreigner, creating their own country within a country, their own society within a society, and their economy within an economy.” 563. CEOs or people with an abundance amount of money can give money to politicians create laws or stop enforcing the laws to benefits the rich. Politicians who the Middle-Class and Lower-Class vote for favors the one that could help them and that’s the High-Class. Economic inequality is hurt the middle-class and the lower-class who already had a rough time getting a life.

Many of the ways politicians in America offer to help the poor is by injuring the rich. The argument is that the wealthy people have an upper hand from the start and it’s impossible for poor people to achieve the same kind of wealth, no matter how hard they work. These arguments created a lot of tension in contemporary American society. Locke would not be in favor of wealth redistribution because he does not believe the government should have the power to take another’s property.

Conflict sociologists see this skewness as a problem in society. The people who become of wealth stay in wealth because they control the power due to the mass amount of money they have compared to the rest of the population. When we say wealthy, we are discussing the top two percent of wealthy people in America. The top two percent of people own over half the total wealth in the United States. Many cities and even states do not contain a single person that qualifies as being a part of the top two percent of wealthiest people in this country.

His viewpoint is the minority of those in his status as a highly successful businessman, as when businessmen are questioned about raising the minimum wage, they mostly argue for the opposition. Their arguments usually state how their businesses will suffer; such as the fact they will be losing money due to the increase they’re being forced to pay workers. This most likely won’t be the case because money is forever changing hands and giving more money to minimum

And you will lose half of it. In addition if we tax the rich, the nation’s economy will crash. But you do not have to lose half your college fund, or ruin America. If we educate people and put more funds into schools, we can beat income inequality and save ourselves.

In this article by Sean Mcelwee(2014) he talks about why income inequality is the toughest issue America will face in the next few decades. In the article, Why income inequality is America’s biggest (and most difficult) problem, Mcelwee(2014) believes that after the studies he has seen, the most effective way to solve the policy issue of income inequality is by higher taxes on income and wealth. However, the rich would never buy into this solution, because it would take more of their wealth, when the wealthy are trying to maximize their money returns. Mcelwee (2014) also talks about how when a family is wealthy, money tends to stay in the family for 10-15 generations, which is also true for families with lower incomes as stated here by

I agree with almost everything you said. When companies advertise their low rates but don 't mention their high interest rates that are attached to it- It puts the poor in more debt. Social inequality, social class and social mobility all make it harder to get out of debt and move up to higher classes.