The Pros And Cons Of Wal-Mart's Reform

1121 Words5 Pages

There is also a birthright problem that must be addressed in an imminent reform. There are too many people getting by using their parent’s or grandparent’s inheritance. They are able to slide by virtue of the tax breaks that inheritance money secures. Their relatives may have earned this money, but people should not be born entitled to an amount of money that allows them to thrive without any exertion. This not only allows them to refrain from helping the country, but it also allows them to live more comfortably, in some cases, than even accomplished professionals. This circumstance will definitely occur with the Walton family--the owners of Wal-Mart. The multi-billion dollar family has so much money they are worth more than the entire bottom forty-two percent of Americans. This will allow their great-great-great-great-grandchildren to live more comfortably than heart surgeons who save lives routinely. This is one of the numerous somber truths in America; the entertainers and big businessmen and women take home far more money than the people who save or …show more content…

This has resulted in community, statewide, and governmental elections to be influenced--for the worst in many cases--by the popularity or entertainment aspects of the candidate. Much to the dismay of the attentive residents, America may even have a big businessman in the White House as of 2016, Donald Trump. During the Gilded Age and the Great Depression, the U.S. was able to observe first hand the altercations that emerge from the big business type being in office. Furthermore, recent events are beginning to resemble a time before the Great Depression and before the stock market plummeted. This deja vu situation implies that it is a possibility, not concrete, of course, that something of dramatic proportions could