Statitics shows the amount of disparity that lies between the poor, middle class, and the wealthy. There’s also a one percent that has the majority of the wealth compared to the wealthy class. I watched a documentary on the corporate companies in America, the government allows these corporate companies to skip out of paying their fair share of taxes. This leaves the consumers to shoulder the brunt of a recession. Because of the recession it gets that much tougher to live here, trying to make ends meet makes it really tough on those whom live paycheck to paycheck while the one percent get richer.
As dicussed in class, many rules are now being enforced on citizens causing more money to come out of their pockets and land in the hands of the government. The corporate companies could help this country by actually paying their taxes. There are now 50 countries designated as off shore tax haven. A tax haven is a place whether a country or a state where taxes are levied or at a low rate. These corporate companies like Verizon, Google, Exxon mobil, Bank of America etc. pay a very small amount of taxes or non at all compared to the average citizen. The comparison is salary based.
I don’t believe that these companies should hand out their wealth to the poor, or to anyone, but if they have to pay their fair share of taxes just as Americans. The Government is certain to blame for this because they also have a say in this but decides on stashing it under the carpet.
This country would be better of if everyone actually followed the law, and the government would re-evaluate their spending.