The novel Coronavirus has widened the gap between the haves and have nots in American society. James Gutierrez, an inclusivity proponent, has committed to bring these disparities to light and create a plan of action to aqueduct the gap between the rich and the poor.US Federal Reserve survey has indicated top 1% of Americans have almost a third of all wealth. The top 10% wealthiest Americans make nearly double of the bottom 90% altogether. The bottom 50% makes less than 5.5% of the total American wealth.
According to James Gutierrez, the system ensures the rich continue to be rich. The top individuals do not remit tax that is congruent to their earnings. They pay lower taxes. James Gutierrez believes that the gap can be bridged by having a middle ground from responsible companies assisting lower-pay families and pushing them toward more steady circumstances while attempting to campaign for administrative guidelines that help those changes.
James’ two companies help the poor who have no credit score to attain it. This is because individuals who need to advance without a shining record as consumers are left with far higher financing costs. This prompts higher paces of default and unbalanced difficulties for individuals that aren’t beginning from a monetarily secure spot.
Racial inequalities in America continue to create disparities in the socio-economic arena. The minorities, especially the blacks, have systems working against them such that they cannot generate and retain wealth compared to their white counterparts.
In a move to spearhead change, Gutierrez, through his companies, offers low-interest loans to minority groups who may need financing. Gutierrez wants to empower underserved individuals to gain financial security by providing them with tools that revolutionize how they access funds. In addition, James Gutierrez is drumming transparency as a core value that will help close the gap between the rich and the poor. Transparency will help the minority groups build wealth and not debt.
Knowledgeable in corporate obligation, James Gutierrez is pushing to see this on an administrative level for privately owned businesses. His thoughts incorporate an announcing plan that is upheld by government advantages and measures different organization esteems. Organizations that need the edges would have their reports disclosed so investors can see where they stand and get lower charge rates on their capital additions.
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