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Many people say the gap between rich and poor people is wider, as rich people become richer and poor people grow poorer. What problems could this situation cause and what measures can be done to address those problem?

Many people say the gap between rich and poor people is wider, as rich people become richer and poor people grow poorer. What problems could this situation cause and what measures can be done to address those problem? WkNa

Wealth inequality has been receiving endless public attention and criticisms from academia, in both developed and developing nations. Although problems associated with this situation can be pronounced, they are not without solutions. There are a number of problems caused by wealth inequality. First, wealth inequality widens the gaps among different social classes, meaning different treatments for different social classes will likely ensue. For example, youthful upper-class members can attend prominent preparatory schools, which open doors not only to such elite universities but also to the universities’ highly exclusive clubs whereas lower-class ones do not possess the same opportunities. Second, since the rich possess most of the wealth, they have the power to manipulate politicians to enact policies in favor of them at the expense of other social classes. For instance, recent evidence suggests that Wall Street banks have gotten even richer with policies made by the US government. Nevertheless, there have been many good solutions for wealth inequality. First, since the rich cannot spend all their money, imposing higher taxes on the rich would not disrupt their lifestyles much and still substantially increase the tax revenue to assist the less fortunate. The revenue collected can be spent to build and improve educational institutions and grant scholarships or bursaries to poorer students, giving them equal opportunities to succeed. Second, wealth inequality can be caused by tax loopholes that the rich are taking advantage of. Therefore, the key to solving this issue is to close as many loopholes as possible so that it is more fair for the poor and middle class. In conclusion, although wealth inequality can cause a whole host of social issues, there are still many practical solutions. By adjusting tax policies alone, governments can be a decent contributor to a fairer society.

You use this word too often, consider replacing it withabundanceprosperityrevenuerichnesstreasureriches
Wealth
You use this word too often, consider replacing it withdiversitydiscriminationdisparitybiasinjusticeunfairness
inequality
 has been receiving endless public attention and

criticisms from academia, in both developed and developing nations. Although problems associated with this situation can be pronounced
, they are not without solutions.

There are a number of problems caused by You use this word too often, consider replacing it withabundanceprosperityrevenuerichnesstreasureriches
wealth
You use this word too often, consider replacing it withdiversitydiscriminationdisparitybiasinjusticeunfairness
inequality
. First
, You use this word too often, consider replacing it withabundanceprosperityrevenuerichnesstreasureriches
wealth
You use this word too often, consider replacing it withdiversitydiscriminationdisparitybiasinjusticeunfairness
inequality
 widens the gaps among This phrase/word is too simple and can be replaced with:various
different
You use this word too often, consider replacing it withcivilcommunal
social
 classes, meaning This phrase/word is too simple and can be replaced with:various
different
 treatments for This phrase/word is too simple and can be replaced with:various
different
You use this word too often, consider replacing it withcivilcommunal
social
 classes will likely ensue. For example
, youthful upper-This phrase/word (depending on the context) can be potentially replaced with :coursetraining
class
 members can attend prominent preparatory schools, which open doors not This phrase/word (depending on the context) can be potentially replaced with :exclusively
only
 to such elite universities This phrase/word is too simple and can be replaced with:on the contrary
but
also
 to the universities’ highly
 exclusive clubs whereas lower-This phrase/word (depending on the context) can be potentially replaced with :coursetraining
class


ones do not possess the same opportunities. Second, since the You use this word too often, consider replacing it witheasyprosperouswell-heeledwell-offfataffluent
rich
 possess most of the You use this word too often, consider replacing it withabundanceprosperityrevenuerichnesstreasureriches
wealth
, they have the power to manipulate politicians to enact policies in favor of them at the expense of other You use this word too often, consider replacing it withcivilcommunal
social
 classes. For instance
, recent evidence suggests that Wall Street banks have gotten even richer with policies made by the US This phrase/word (depending on the context) can be potentially replaced with :national authoritypublic authority
government
.

Nevertheless
, there have been This phrase/word is too simple and can be replaced with:a plethora ofa number ofnumerous
many
This phrase/word (depending on the context) can be potentially replaced with :beneficialproduct
good
 solutions for You use this word too often, consider replacing it withabundanceprosperityrevenuerichnesstreasureriches
wealth
 inequality.

First
, since the You use this word too often, consider replacing it witheasyprosperouswell-heeledwell-offfataffluent
rich
 cannot spend all their money, imposing higher taxes on the You use this word too often, consider replacing it witheasyprosperouswell-heeledwell-offfataffluent
rich
 would not disrupt their lifestyles much and still
substantially
 increase the tax revenue to assist the less fortunate. The revenue collected can be spent
 to build and This phrase/word (depending on the context) can be potentially replaced with :ameliorate
improve
 educational institutions and grant scholarships or bursaries to poorer students, giving them equal opportunities to succeed. Second, You use this word too often, consider replacing it withabundanceprosperityrevenuerichnesstreasureriches
wealth
You use this word too often, consider replacing it withdiversitydiscriminationdisparitybiasinjusticeunfairness
inequality
 can be caused
 by

tax loopholes that the You use this word too often, consider replacing it witheasyprosperouswell-heeledwell-offfataffluent
rich
 are taking advantage of. Therefore
, the key to solving this issue is to close as This phrase/word is too simple and can be replaced with:a plethora ofa number ofnumerous
many
 loopholes as possible This phrase/word is too simple and can be replaced with:consequently
so
 that it is more This phrase/word (depending on the context) can be potentially replaced with :equitable
fair
 for the poor and middle This phrase/word (depending on the context) can be potentially replaced with :coursetraining
class
.

In conclusion
, although You use this word too often, consider replacing it withabundanceprosperityrevenuerichnesstreasureriches
wealth
You use this word too often, consider replacing it withdiversitydiscriminationdisparitybiasinjusticeunfairness
inequality
 can cause a whole host of You use this word too often, consider replacing it withcivilcommunal
social
 issues, there are still
This phrase/word is too simple and can be replaced with:a plethora ofa number ofnumerous
many
 practical solutions. By adjusting tax policies alone, This phrase/word (depending on the context) can be potentially replaced with :national authoritiespublic authorities
governments
 can be a decent contributor to a fairer society. 