Wealth Disparity
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Title: Wealth Disparity

Essay Details:

Subject: Social Issues
Author: Lindsay L
Date: May 13, 2014
Level: University
Grade: A
Length: 1 / 257

Essay text:

Whites own substantially more property than blacks, which creates a large gap in assets between blacks and whites. While many blacks want to live in integrated neighborhoods, white neighborhoods do not want their property value declining, so therefore white flight ensues. The author proposes to have a policy that guarantees that black ownership in a neighborhood will not top 15 percent, so whites would be less likely to leave. Also, many incentives have been proposed to help the poor gain prosperity, such as a national wealth tax. This tax would make individuals review their assets and liabilities, and then individuals would be required to pay the government a percentage of that net worth...

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