In a number of countries around the world, income inequality is a growing issue. What are the causes of income inequality and how it can be dealt with?

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Nowadays, many developed countries have an issue related to salary. Numerous global nations have a growth issue regarding the dramatic difference in earnings.
This
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essay will discuss differentiated pay in the means of living as the main cause, and
tax
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policy can be a viable solution to
this
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issue.
To begin
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with, advanced countries devote a large amount of annual salary to certain professionals.
In other words
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, due to the demand of the population, particular occupations have been paid higher compensation,
such
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as doctors or information technological technicians.
However
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, some basic jobs only have the minimum payment so as to contribute to the dramatic contrast.
For example
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, the average salary of a family doctor is a hundred thousand Taiwanese dollars, but the average wage of a waiter is only twenty thousand Taiwanese dollars.
Hence
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, our society provides too much remuneration to particular occupations, leaving others in the poor condition for their pay. The government can formulate proper
tax
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regulations to balance the disparity.
That is
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to say; citizens earning more should pay more
tariff
Fix the agreement mistake
tariffs
show examples
to support social welfare and an infrastructure system in order to compensate the low income for general labour. To cite an example, Canadian officials propose a global
tax
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bucket for its residential citizens, which means wealthy
people
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should pay more
tax
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to support national development and
also
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assist in supporting the social welfare of needy residents.
Thus
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,
this
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is an excellent method to take out money from rich
people
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and help our society to become better without withdrawing money from poverty human beings. In conclusion, given those divergent payrolls to distinct careers, society triggers the difference in income;
however
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, affluent
people
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paying more
tax
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on their income to support the country's development is an efficient way to balance the wealth between
people
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living in the same country. I recommend that the authority can propose a practical way to spend
tax
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revenue to develop a better social system.
Submitted by claire9377 on

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Topic Vocabulary:
  • income inequality
  • globalization
  • economic growth
  • disparities
  • affluent
  • regressive tax
  • loopholes
  • automation
  • minimum wage
  • inflation
  • discrimination
  • progressive taxation
  • corporate governance
  • social safety nets
  • labor unions
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