First of all, what does wealth mean? Wealth is a subtraction of individuals' total assets by total liabilities. Assets can be anything that a person owns.A car, a house, and even cash can be defined as assets. Liabilities are something that people …show more content…
Every time when the government tries to fix or make a new law, not all of the citizens agree with it. For example, the taxation is always a controversial issue either when the government tries to reduce it or tries to make it higher. According to The Millionaire Next Door, “Many high-income earners in America … are greatly concerned about the actions of the federal government” and those concerns are: “Paying increasingly high federal income taxes, Increased government spending and the federal deficit, A high rate of inflation, and Increased government regulation of business and industry” (Stanley 92). Government might be doing this because there are lack of the money or some issues should be revised. However, if people of the top 1% go help with some of the little social issues or social difficulties, it can help the government and the condemnation of the citizen will be reduced; and those citizens are usually rich people themselves. If they dedicate their money and there are no issues, they will not have to worry about increase of tax. Thus, the government is not the only factor that can change the society into