The Rise of Income Inequality in the United States Part 3

Now that we’ve assessed how wealth inequality started and how to improve wealth and saving data, here are some ideas about how to further reduce wealth disparity:

The top 1% savings rate is much higher than both the next 9% and bottom 90% savings rates. One idea that is radical is to encourage long-run savings. The United States government could directly invest in these savings accounts so that they earn great rates of return. The other aspect of this plan would be to have interest in borrowing savings so as to encourage people not to borrow from their savings. Encouraging saving of the bottom 90% would reduce wealth disparity.

Other ideas to reduce wealth disparity include the following:

Increase progressive income taxation to decrease wealth disparity. Increase estate taxes in the United States to decrease inherited wealth Increase access to education and health benefits cost controls. Improve minimum wage policies. This will in effect shift power from shareholders to workers. Create better laws protecting consumers (such as predatory lending) and increase financial regulation to increase middle class wealth. Educate the bottom …

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Ten of the most beautiful places to visit in Bulgaria

I think it’s quite amazing that Bulgaria is still considered to be off the beaten track for Western tourists, because the country has a bit of everything, and all at very affordable prices. The Mountain slopes of Bansko and Pomporovo attract skiers in the winter and the Black Sea beaches draw the crowds in the summer months. Sofia – the capital – is probably not the most beautiful city you can visit, but once you get out into the countryside and start exploring the gorgeous coastline, I think you’ll fall captive to Bulgaria’s special charm. Here is my choice for the most beautiful places to visit in Bulgaria…The Black Sea Beaches – Bulgaria’s most famous coastline.

1. Nessebar – known as the Pearl of the Black Sea

Often referred to as the Pearl of the Black Sea, the historic town of Nessebar dates back to antiquity when it was founded as a Thracian settlement known as Menebria. Greeks, Romans, Byzantines, Bulgarians, Crusaders, and Ottomans all took turns fortifying the ancient town, and the narrow peninsula on which it is …

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The best places in Bulgaria where you can buy proper

Property in Bulgaria

Bulgaria has shaken off its image as a hardy ex-communist state and has quickly become one of Europe’s more popular holiday destinations. The glittering Black Sea Coast, excellent ski resorts, historic towns and incredible scenery are attracting record numbers of visitors and investors. Property in Varna, property in Albena and property in Burgas – all beach resort towns – offer all of the traditional fun in the sun, but with fewer crowds and often a more attractive setting, as well as great value. The marks of Balkan culture are dotted across Bulgaria’s diverse landscape. Medieval villages, striking churches, ancient ramparts and picturesque castles can all be seen in the hills and valleys. The country’s main cities are fascinating, vibrant and historic. Sofia boasts an array of architecture from Roman, Ottoman, Byzantine, Revival, Turkish and Slav influences, while Plovdiv contains one of the fines Roman amphitheatres in Europe. Head to the mountains and you can find property in Bansko and property in Borovets; Bulgaria’s popular ski resorts which are fast gaining a reputation as some of the best …

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What we need to know for Bulgaria

 

My name is Hristo Dimitrov. I’m a student from Varna Bulgaria and I went  in Irish Mortgage Brokers.

 

1.Where is Bulgaria and what it is known for.

Bulgaria (/bʌlˈɡɛəriə, bʊl-/ (About this soundlisten); Bulgarian: България, romanized: Balgariya), officially the Republic of Bulgaria (Bulgarian: Република България, romanized: Republika Balgariya, IPA: [rɛˈpublikɐ bɐɫˈɡarijɐ]), is a country in Southeast Europe. It is bordered by Romania to the north, Serbia and North Macedonia to the west, Greece and Turkey to the south, and the Black Sea to the east. The capital and largest city is Sofia; other major cities are Plovdiv, Varna and Burgas. With a territory of 110,994 square kilometres (42,855 sq mi), Bulgaria is Europe’s 16th-largest country.

2.What we know for Bulgarian politics

Bulgaria is a parliamentary democracy where the prime minister is the head of government and the most powerful executive position. The political system has three branches—legislative, executive and judicial, with universal suffrage for citizens at least 18 years old. The Constitution also provides possibilities of direct democracy, namely petitions and national referenda. Elections are supervised by …

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Bank loans in Bulgaria

Bank loans in Bulgaria

My name is Hristo Dimitrov. I’m a student from Varna Bulgaria.

How to pick bank loans in Bulgaria

In Bulgaria you can borrow relatively easily for an apartment and pay it off within 30 years. The maximum loan amount for the banks are up to EUR 200,000.  Also, Bulgaria has low interest rates compared to other countries. The best conditions for buying a home are on Postbank

And DSK Bank.

For specific rules and percentages, you can look at them.

APR at individual interest rate selected for the purposes of the example * – 3.66%

An example of a fixed interest rate for the last 3 years and a variable interest rate (benchmark interest rate + margin) for the remaining term of the loan when included in the DSK Coz Plus Sales Prohibition Program.

 

The long-term interest rate for the implementation of the DSK Coz Plus program can be set in the range of 3.00% to 4.49%.

 

 

Amount of credit

BGN 100,000

 

Monthly payment

448,49 BGN

 

Term of the loan

30 …

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The Rise of Income Inequality in the United States

When a candidate like Bernie Sanders promises free health care and free education, many Americans have jumped at the idea of voting for him. Why? Many Americans feel something radical must happen in order to turn wealth inequality around. Here are 3 Trends in wealth inequality in the United States.

Income inequality in the United States has followed a U-shaped trend since 1913. The low-point in the wealth inequality graph occurs right around 1980. This shows that income equality was its lowest at that point than it was in the last hundred years. Most of the growth in the top 10% and top 1% can be attributed to the growth of the top 0.1%. The top 0.1%’s share of wealth has risen from 7% in the late 1970s to 22% in 2012 (most recent data available). The rise of the top 1%’s concentration of taxable income rises dramatically at the time of the Tax Reform Act of 1986 This change reflects changes in tax avoidance rather than in the distribution of true economic value

2.  The wealth share of the bottom 90% …

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Recreation and things to do in Wesel, Germany

If you will be in Wesel, you have many things you can do. The Willibrordi-Cathedral is one of the most beautiful sights in Wesel. The cathedral stands directly on the large market (in German: Großer Markt), where the former old town hall can also be found. The architecture of the buildings is very worth to see. In summer you also can sit at the place in front of the cathedral and eat some ice cream or drink some wine in the evening.

If you walk through the city center, you can find some life-size statues of donkeys. They are since the 19th century the symbol animals of Wesel. Every donkey has other colors and patterns and they are often to find in front of the shops or other buildings. After your way through the city center you will see another important building of Wesel, the “Berliner Tor”. It is like a big gate with some figures over it. It was built around 1720.

One more thing to do is to visit the citadel. The Prussian Museum Wesel in the Citadel …

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Property market and house prices in Wesel, Germany

In Wesel, a city in North Rhine-Westphalia, the prices for a plot of land are currently between ninety and two hundred and forty euros per square meter. For smaller plots of land with a worse location, the prices range from one hundred and fifty to two hundred euros per square meter. Larger plots with a better location cost between two hundred fifty and three hundred fifty euros per square meter. In the last time there was only few changes of the prices for properties in Wesel.

In Wesel itself are only a few plots of land available so that is probably the reason for the price rises of the last years in Wesel and the area around because there are also only few opportunities to get a plot.

The house prices in Wesel currently costs an average 1.850 euro per square meter. Since 2017 the prices increased more than two hundred euros per square meter. The purchase of semi-detached houses costs an average of 317.000 euros and houses for only one family an average of 365.000 euros. The row-end houses …

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Politics in the area of Wesel, Germany

In Germany the politics are very strong organised and precisely regulated, controlled and defined. For everything there is a rule, regulation or fixed procedure which is always regulated in the respective public law. Sometimes there is the possibility to decide something yourself and only if the law is not clearly defined or says that you can act at your own discretion (that is not defined in the law, you have to know the meaning of the expressions to understand what you are allowed to do).The politics in Germany have several levels with different degrees of power. There is always more than one institution that works together and all relations of them are regulated.

If we look at the smallest level, there is the politic of the city. There are different parts which must work together. All of them are included in the local government. The mayor in a city is one of the highest ranking and the head of the administration. He has to do many important decisions. He works closely with the city council, because he can not decide …

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The All You Need to Know Self Build Mortgage Guide

Self Build Mortgages are different from typical mortgages in the fact that it is difficult to put the key in the door immediately. These homeowners typically build their home from scratch or have to extensively renovate their property. If you are thinking about building here are some helpful tips:

Maximum Mortgage – The most one can borrow is 3.5 time their annual total income. Self-build properties are calculated by adding the site price plus the build cost plus. The banks also calculate the final valuation once the building process is completed. Most of the time, the method which yields a lower mortgage value is the method that is picked. Extra Money – It is smart to make sure to have extra money set aside in the case of unforeseen expenses. A smart bet would be to set aside approximately 10% of the total cost. You don’t have to be an expert to apply for a self-build mortgage. You also don’t need to hire a company to undertake the project. Building yourself will save you money in the long-term and can …

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