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Minimum Wage System

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Introduction The income for minimum wage should be higher to be fairer to poor people and to fix the American money distribution system. In 2009 the top 1% of Americans has almost 3x more money than the bottom 80% of Americans (Inequaity.org). If the upper class were paid less and the lower class were paid more that would help fix the money distribution system. Wages and Salaries There are 3 different income classes that make different salaries. Lower class (makes the least), middle class, and upper class (makes the most). The Lower Class makes around $18,000 and $23,050 a year. The middle class earns a salary around $80,000 a year. The upper class makes around $150,000+ a year. (Investopedia). I think that the minimum wage should be raised …show more content…

(wealth inequality in America). I think that money distribution system is wrong for those reasons, and one day if those things don’t change, one person will have all the money and everyone else will have nothing, but that would make America crumble. America needs to redistribute their money, but gradually. If everyone gets re-distributed their money all equally that would be called socialism. But America encourages the American dream, which makes you want to work for more money. (wealth inequality in America). I think the way to distribute the money equally between classes should be taxes. In order to know how skewed the money distribution is, you need to know what the money difference is between the …show more content…

As stated earlier: “In 2009 the top 1% of Americans has 40% of America’s money, and it’s getting worse.” Getting worse means that the top 1% earns even more money than it did last year. (wealth inequality in America)If this problem gets larger than one group of people (the top 1%) will be in control of the wealth in America. 5,000 Americans were surveyed and they were asked about what an ideal money distribution system would look like. The top 1% of reality’s Americans had more money than the top 20% of their ideal Americans. (wealth inequality in America) Even Americans agree that the American money distribution is flawed and flawed greatly. If America isn’t able to keep a stable income classes, then how are we supposed to live a life where we can depend on our salaries. The income for minimum wage should be higher to be fairer to poor people and to fix the American money distribution system. If the upper class were paid less and the lower class were paid more that would help fix the money distribution system. The next time you get your pay check think about how hard you work, and how many people get paid for the same amount of work. Also think about people that get paid minimum wage and can’t have more money than what is needed to support their

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