The social strata are changing and the gap between the rich and the poor is becoming wider, the rich are becoming richer and the poor are becoming poorer. What do you think are the causes of this problem and suggest solutions to tackle it.

 Q. The social strata are changing and the gap between the rich and the poor is becoming wider, the rich are becoming richer and the poor are becoming poorer. What do you think are the causes of this problem and suggest solutions to tackle it.

Income in any society should be evenly distributed to maintain equilibrium in social structure. Unfortunately, this is not the case and the gap between the rich and the poorer is widening. Of course, there is no single factor which contributes to such a situation and there are many reasons for it which are discussed in the paragraphs below with possible solutions.

To initiate with, the contributing factors of such gap, the first is taxation policy of the government which helps the high income group to evade tax. For instance, the government has different tax slabs which make them avail tax exemption like, opening an office in a special economy zone to result in good savings and increase in profit. Another reason for this almost unbridgeable gap is that very few people from the wealthy class use their money for the benefit of the society or for helping those who are less privileged than them. Moreover, unethical activities like corruption and crime also help people to amass enormous amount of wealth.

However, this gap can be reduced by making some efforts. First of all, the authorities should make rules that promote equal opportunity for all sections of the society, if people are working to achieve it. Besides this, the wealthy should have a will to share the extra income, rather than spending fortune on useless things like driving luxurious cars, eating in sophisticated restaurants etcetera. They should be encouraged to donate some amount of charity. Further, heavy taxes should be levied on the affluent class and the money gained should be put to use to improve the life of the underprivileged.

In conclusion, it is undeniable that the differences between the rich and the poor are widening so appropriate and timely steps should be taken before something undesirable happens because “prevention is better than cure”.

POINTS TO REMEMBER:

There is an unbridgeable gap between the rich and the poor. // it is the direct outcome of unequal income distribution // factors like unfair taxation, crime, corruption, self centred attitude all contribute to the issue. // steps like equality, willingness to share, change in taxation can help to lessen the gap.

VOCABULARY: Rich: wealthy // lessen: reduce // widening: increasing // enormous: quite big, huge

RELATED QUESTION:

The increasing gap between the rich and the poor is the result of and is resulting into many issues. Discuss the same, mentioning any relevant examples.