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Sample Essay on Social Redistribution of Wealth

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Sample Essay on Social Redistribution of Wealth

President Obama remarks on redistribution of wealth lucks basic moral principle by raising the taxes for the rich people. This move will scare away the investors and rich people from investing a move that will render some people jobless. Free community college and healthcare for the entire community will have a huge impact to the economy of the country. Therefore, the government will be forced to tax more not only the rich people but also to the middle class and the poor (Tretkoff 30). Consequently, this move will create economic hardships to the country since prices of goods and services will go high, the process will making it hard for the poor people to afford decent living conditions.

Moral Philosophy

The moral philosophy supporting my stand is the utilitarianism theory. This theory tries to explain the effects of undertaking a certain action and the outcomes. If the outcomes of the action is positive and increases happiness to the citizens then the action is good while on the other hand if the actions contravenes the goals of the citizens and causes pain to them, then it is termed as a bad action. This it suggest that President Obama move to increase taxes for the rich increases pain to them hence a rendering the action to be a bad move. Redistribution of wealth according to my opinion would work well if the government spending aims at improving the infrastructure and welfare of the country as a whole instead of targeting a particular group in the community (Hujo and McClanahan 23). However, if the government insists on implementing this move then it should also shift the tax index from the rich people to the whole community.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Works Cited

Hujo, Katja, and Shea McClanahan. Financing Social Policy: Mobilizing Resources for Social Development. Basingstoke [England: Palgrave Macmillan, 2010. Print.

Tretkoff, Ernie. “Obama Emphasizes Science and Innovation in State of the Union Address.” (2014): Print.

 

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Sample Essay on Social Redistribution of Wealth

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