Income / Wealth Gap problem
In America, there is a problem with that gap between the wealth and income on the rich and poor. There are many ways you can try to fix or improve this problem, each of them with their own pros and cons. I propose that the government does a combination and mixture of several different tactics that may help improve the income gap somewhat. First tax cuts that benefit the poor, and people who are earning less. And more taxes on the rich. This will work nicely because it will be giving some money back to people who need it, and taking away a little from people who don't, not to mention the increase in government money for things like teachers. Sadl
The most obvious answer is that the government could regulate the amount of money that a CEO can receive or put a sort of salary cap on it, like they have done in pro sports. y there are a few cons, the rich will fight it and complain, because they will want to hold on to there money, but who can blame them. Any normal person can she that this is blow out of proportion. 8% of all stocks mutual funds and retirement funds. Also CEO pay is though the roof, these people are being paid a extreme amount of money about 475% of the average worker in 98 (Source: Business Week, annual CEO Pay issues. The government could tax people who have CEO jobs more. This would cause a problem when the people who do own a lot cant understand why that must be taxed just because they have more wealth then say the person next door. But this also would cause the problem of people complaining. I think that if you do a combination of these ideas in order to impose multiple ideas and solutions you have a much greater chance of one of them being successful and fixing your problems. The companies could pay their CEOs less money, but the con right off the back is that many companies wouldn't. ) and is up some 535% sense 1990 while average worker pay has only gone up around 32. This could cause problems, and people could argue that it goes agents the ideals of America in some ways. We can have the bottom 90% owning only 21. You could tax people that have own over a defined level of wealth, this is cause people to buy up less wealth, such as land, stocks and such, and leave more for the lower 90%.
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,
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