In many countries, a small number of people earn extremely high salaries. Some people believe that this is good for the country, but others think that governments should not allow salaries above a certain level. Discuss both these views and give your own opinion.

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

this

issue and

finally

give my opinion. Those in favour of keeping high

salary argue

Suggestion

salary, arguing

salary arguing

that high earning generate employment.

For instance

, 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.

Further

, the prospect of

high

Suggestion

higher

pay pushes people to work hard. Without

this

incentive they may become lazy and unmotivated.

However

, 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

in addition

to a greater sense of well-being.

For example

, 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

also

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.

However

, 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.