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Essay On Tax The Rich

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“Why is Taxing the Rich is So Hard” Saving America from debt. With the Presidential Debate upon us, taxing the rich has become a very important topic upon candidates. Many believe that the rich should get taxed to help the economy while others believe they should not just because they are the top 1%. If the rich pay more the country benefits from it. Having the government tax the rich more could help decline the American debt. Alyssa Battisoni believes the wealthy have political clout, which I agree with, it seems as though America is only a “free country” to those who can afford it. The US estimated debt is now at 19.3 trillion (FY17 Federal Budget). America has become an oligarchic society. Where there are 300,000 wealthy Americans, 150 million middle class out of 318.9 Million people in America, The US is being controlled by the top 1% who aren’t even half of what the population in America is made of. The more money coming in, the more chances we have of having job creations, money could go to places where it is needed as in schools, etc. Battisoni says “don’t build an economy that depends on a small number of people who have the resources to leave sticking around. Worried the rich people won’t invest in their business or create new jobs if taxed”. The country isn’t only …show more content…

Many people are starting to see the US as an oligarchic society, In order to change this country we need to stop thinking of the wealthy who already have enough, and help this nation from getting into bigger debt, by giving back. Many say that the wealthy deserve to keep their money seeing how they made it on their own but they did not. In the beginning, yes perhaps they did, but they didn’t come as far as they did if it weren’t for others being there and helping them out, especially the government. The poor don’t need to get poorer and the rich should stop getting rich, they have everything they need already what else is there to

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