A Brief Note On Wealth And Income Inequality Essay

Wealth and Income Inequality in America: Bridging the Gap Wealth and income inequality in America has progressively gotten worse. The recession in 2007 did not help to reduce the gap between the two either. Wealth is determined by everything a person owns and income is determined by how much a person makes at their job. The better the job a person has, the more income they have and this helps to increase their overall wealth. Wealth and income inequality can be reduced by lowering the cost of higher education, implementing a progressive tax, working with one another to end the stigma of the color of one’s skin, deportation of illegal immigrants, and by putting an end to the gender wage gap. Reducing the costs associated with furthering one’s education would make it possible for anyone who wishes to further their education to do so. Most high paying jobs require the employee to have a degree of some sort. In many cases having a degree gives a person an overall advantage or edge when applying for a job. Some employers will forgo the experience over education because it can be viewed that the employee is dedicated because they made a serious commitment and took the time to further their education. Making college affordable for all would make it so everyone would have the same advantages in the job market. A person’s education determines their wages. The higher the education, the greater the opportunity to seek a higher paying job. A statistical article â€Å"It GetsShow MoreRelatedJust Plain Data Analysis : Measuring Racial And Ethnic Inequality991 Words   |  4 Pages Just Plain Data Analysis: Measuring Racial and Ethnic Inequality Measuring racial and ethnic equality is not a simple or straightforward task. As Gary M. 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