In many nations, both developed and developing countries, a small percentage of the population earn an extremely large amount of money. While some people believe that a very high salary is a benefit for the community, others suggest a limit should be set by the government. In the following essay, I will consider both sides of
give my opinion.
Those in favour of keeping high
that high earning generate employment.
, luxury hotel and luxury goods could not survive in a world with extremely high salary are forbidden and these hotels and goods create a great deal of employment in the society.
, the prospect of
pay pushes people to work hard. Without
incentive they may become lazy and unmotivated.
, the opposing view is not without its merits. Much current research indicates that societies in which wealth is fairly equally divided have better health and education
to a greater sense of well-being.
, it has been demonstrated that many cardiovascular accidents in the Unity States of America in 2018 could have been prevented with a better distribution of the economic resources. It can
be argued that people with extraordinary amounts of remuneration may fail to use it wisely, which is a great concern for the society. For these reasons they maintain that government should put a limit on salaries.
To conclude, both sides seem to have some sound arguments.
, I am of the opinion that the government should not limit high salaries as doing so would lead to less employment and a lower work ethic.