If a wealthy person wants to give some of his wealth to other people, then that is his right. However, the act of a government taking his wealth to redistribute it to those that did not earn it is nothing more than the actions of looters. The current attitude of the American people is nothing more than the indolent masses leeching off the labor of the hero capitalists via confiscatory taxes and social transfer programs. These looters and moochers take the wealth that they never earned. Money and wealth are virtues, and the man who has them is virtuous.
While “Asia manages to balance their desire for wealth against other claims of human spirit…and the Soviets honor the holding of political power,” we Americans show no medium between wealth and other aspects affecting their lives. Lapham states that “a rich man is perceived as being…both good and wise.” He asserts that Americans judge what is good and wise by its monetary value. Americans validate his point because we only tend to trust people who fall under the same social class and believe that the poor “willed it so” by not working hard enough. The Great Gatsby by F. Scott Fitzgerald portrays how Americans show off their wealth and what kind of lifestyle a rich man lives. Money to the East and West residents was their American Dream that was earned or passed on, and they valued monetary value and the idea of it more than their relationships.
US Taxation System is Unfair to Ordinary Workers Kesha Krider Devry University Does anyone find it hard to shake the feeling that the wealthy have ways of hanging on to more of their money, while year after year the middle class dutifully hand over their hard earned money to our abominable tax system? It is past time to overhaul the way we pay for the services that our government provides for us in the United States. The current system of multiple taxes, when considered as a whole, is grossly unfair to ordinary workers. Two major points to acknowledge about the unfairness is the fact that middle class workers have no representation or knowledge of the establishments of laws and the dreaded burden of continuous tax hikes. The federal, state and local tax systems in the United States have been marked by significant changes over the years in response to changing circumstances and changes in the role of government.
Economic and Ethical Issues of Pricing As a CPA you are in charge of a small tax advisory firm providing services to individual taxpayers, a substantial group of whom is high-wealth. Your firm is experiencing new pressures from the changing marketplace. New, non-CPA market competitors and competition from do-it-yourself tax-preparation software packages have had a negative effect on your bottom line. Because of these pressures, you are looking at ways to reduce costs. To expand your business and continue successfully you must consider employing non-CPAs.
His stance is that Americans should take notice of “the realities of outsourced manufacturing, financialization of the economy, and growing income disparity.” He does not propose any action against the rich, but instead provides information that demonstrates his negative thoughts towards the 1% richest Americans. Mike Lofgren’s ideology and stance about the wealthiest citizens is something I have in common with him. This article has provided me more inspiration to change the state of America’s economy in a positive manner, at least positive for the 99%. His statistics have provided me with insight about how truly unethical the United States’ government is, and while reading this article inspires the reader to take action against such dishonest
The wealthy have the means for making new technology accessible to themselves, and because of this it gives them, great knowledge and knowledge is the foundation of power, which leads to more wealth. On the contrary, the plunging descent of those individuals who are financially crippled and therefore, do not have a passage to power or wealth or technology. This inequality put the wealthiest people in a position to dominate and in some cases control the decision-making process while leaving the less fortunate under the eight ball with their needs being ignored and they not being fulfilled. The other area of concern is the moral and ethical dilemma that has come about as a result of the growth of new media technology. The main area of concern is the privacy issue.
The local economy and the global forces and economic pressures have affected people’s prospects in achieving a rich lifestyle and rely heavily on government entitlements and programs which so many criticize as going in the wrong direction. But in reality, entitlements like Medicaid, food assistance (SNAP), Medicare and Social Security have helped so many Americans survive through these hard times, although many of these programs do not form part of the American Dream in many minds. In the past many Americans depended on manufacturing jobs for their livelihood. When they got a job, there was a great amount of certainty that they could rely on it to progress and sustain a healthy lifestyle for their family to buy a home, car and everything that came with it. Today those jobs have gone to other developing nations who can afford to hire employees at low wage.
And the poor know better. How can this situation benefit anyone in our society? If the rich have all of the money and everyone else has nothing then we are no better than a dictatorship. Sure we still have some freedoms but for how long? It seems our government is already been overrun and now controlled by greed.
Feeling helpless due to the economy they become addicted to claiming help from other sources other than themselves because it just seems easier. Thomas argues,” Anyone who thinks dysfunctional government is going to help their dreams is putting their faith in the wrong place.” In other words, the government cannot help everyone. Instead we should but putting our faith into ourselves. We are what makes America today, and if we don’t like it, then maybe we should take action and change it. If we were to start by supporting small business, we would be creating more employment, and keeping money in the community.
The problem in today’s government is that they worked very well with the top class and not so much the lower and middle class. The government tends to favor the top class over all the others, and that isn’t right because they have everything all ready and don’t need to work to survive, unlike the people that need to sell their labor to survive in this nation. The top 400 richest people together on tax returns make average around 202 million. That is a crazy amount of money, think of all the better things it could go towards, homeless people, school system, Medicare/Medicade, and getting rid of the huge debt that America has sunken them selves into. Another huge issue is the whole unemployment rate.