How can the ever-increasing gap between rich and poor be narrowed?
The increasing gap between rich and poor is one of the biggest problems in modern society. This imbalance brought a lot of social problems. In this essay, I will discuss the reasons why the gap between rich and poor have increased, and suggest suitable solutions.
There are a few reasons to increase gap between the rich and the poor. First of all, rich can spread their business with their financial resource. When they start business, their amount of initial investment can support their business to success, such as, advertising their products, funding to develop new products and institute companies with employing experts. Second of all, educational disproportion in nations can lead to imbalance of distribution of wealth. It is well known that highly educated people earn more money than people who did not have enough education. Yet, a lot of poor people cannot afford to the payment of university fees and their living expenses.
We have a few solutions to close the gap. Firstly, the government should toll on rich people to pay more taxes and lift taxes from poor people. Secondly, higher education should be free for poor people to provide equal opportunities to compete with wealth people who usually get higher education. Lastly, the government and citizens associate to aid poverties.
To sum up, if government provides not only the chances to educate but also remove the burden of taxes from the poor, then they can escape poverty, and the society will find financial balance among the citizens.
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