What steps should be implemented to make the solidly middle and upper middle
classes a THRIVING, HIGHLY SUCCESSFUL component in America today?
Lower taxes and reduced regulations would encourage more entrepreneurial endeavors with a greater chance of success. This is not to be read with the Statism vs. Nihilism. But, the over taxation and regulation of many small businesses, which are the lifeblood of economic growth, is detrimental to their growth and often even their creation in the first place.
Isn´t taxation of income that is derived from working capital taxed lower (loopholes) than income derived from personal labour? Eliminate the differences and it will refresh middle class, at least the educated part of the middle class that is receives most of its income from personal labour.
by Grace Marguerite Williams 5 years ago
There are children who have the best parents; best socioeconomic opportunities;, went to the best schools, colleges, universities; have EVERYTHING that the world could offer, in fact, the world was THEIR oyster. However, these children are not successful adults; one can describe them as...
by Grace Marguerite Williams 2 years ago
Why middle, upper middle, and upper class children will be more successful in life than children whocome from lower middle to lower socioeconomic backgrounds? It has been substantiated repeatedly that children from socioeconomic affluent backgrounds are the ONES who will be HIGHLY...
by Elayne 8 years ago
I was born in farm country (raising sheep, chickens and crops) and raised in lower middle class (father was a mechanic and then an uncertified accountant). Now that I am married, we are middle class citizens - upper middle class (my husband is professor in a university. I guess education made the...
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