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Income GAPS
Essay specific features
Written by:
Charles L
Date added:
February 15, 2013
Level:
University
Grade:
A
No of pages / words:
4 / 945
Was viewed:
2571 times
Rating of current essay:
Essay content:
This results in the middle class and poor people carrying a larger tax burden. Of all high-income nations, the United States has the most unequal distribution of income, with over 30 percent of income in the hands of the richest 10 percent and only 1.8 percent going to the poorest 10 percent.
Today, most politicians strictly believe that America is divided between two groups of people, rich and poor...
displayed 300 characters
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Rich are the ones who get the rewards and tax breaks. Poor can be characterized as the ones who do the work and pay the taxes. They are the ones whose income level lies very close to or below the poverty line.
Poverty line is the level of income below which one cannot afford to purchase all the resources one requires to live...
displayed 300 characters
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