Tuesday, February 12, 2013

chapter 5

On page 184, I was upset to see how the tax rates for millionaires who make around two million a year are continually lowering, while those who make $20,000 a year are rising. How are we supposed to close the gap between rich and poor if the rich are surely getting richer and the poor, poorer. With that being said, people are naturally competitive. Rich Americans have no desired to lower their annual income so another American can make the same as they do. It is sad to admit, but Americans have to want to close the gap, in order to do so.

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