The gap between the rich and the poor is widening very fast. What are the causes and effects of this widening gap? You may give solutions based on your knowledge and experience.

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There is a tendency to divide the world into two categories, the rich and the poor, and
this
imbalance has been widening quickly. In my opinion, some problems in current
tax
systems
and
education
curriculums have worsened the situation and these policies should be reconsidered.
Firstly
, it is obvious that
while
the rich grow their wealth,
the
Correct article usage
apply
show examples
poverty worsens. One main reason for
this
phenomenon is the current
tax
systems
where business owners have advantages. Income
tax
is what employees need to pay,
whereas
investment
tax
is what employers need to pay.
Income
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The income
show examples
tax
rate is usually higher than
investment
Correct article usage
the investment
show examples
tax
and
this
system encourages employers to be wealthier.
For example
, Warren Buffett, who is a billionaire and an American business investor, pays less
tax
than his secretary.
Secondly
,
education
is essential to achieve a successful career and everyone should have a right to acquire knowledge at school equally.
However
, the rich tend to go to private schools, where more advanced curriculums and
latest
Correct article usage
the latest
show examples
facilities are provided,
while
the poor have no choice but to go to public schools or work.
This
circumstance leads to an increase in differences among students.
For instance
, high school is not mandatory in Japan and some students cannot afford to
enroll
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enrol
show examples
and end up suffering from poor job opportunities. To solve these negative outcomes,
tax
systems
should be rethought and
education
should be offered regardless of social status. If more taxes were required to be paid by the rich, the government could allocate
those extra money
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that extra money
show examples
into healthcare and
education
, which the poor need. In conclusion,
tax
and
education
systems
increase the differences between the rich and the poor, but I believe some revised government policies can help shorten the status gap.
Submitted by nanamach87 on

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