In some countries, a few people earn extremely high salaries. Some people think that this is good for a country, while others believe that the government should control salaries and limit the amount people can earn. Discuss both views and give your opinion?

There is no doubt that there is a wide range of salaries in some nations nowadays. While some people believe that extremely high remunerations are in favour of a nation, others argue that

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trend does more harm than good and

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the government should put a cap on how much one can earn. In

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essay I will discuss both sides of the argument (write: the argument) and lend my support for the latter view. Those who believe that high salary packages are good for a country might support it for various reasons.

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, higher salaries would bring a better lifestyle to the country.

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is because the money always circulates within the country and keeps changing hands. The more the money in circulation, the more the prosperity.

Secondly

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, they might

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argue that a high salary means a better job.

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, the traders in investment banks are the people who make millions of dollars every year and undoubtedly trading is one of the most attractive professions.

On the other hand

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, I would argue that the free upward movement of salaries should be checked and controlled by the government because of the intense competition it creates along with the huge disparity of incomes in a society. Competitiveness beyond a certain point can make human life awful.

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is because people get into the rat race and compare them with others rather than enjoying what they already have. Ultimately,

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mentality results in stress and tension.

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, the wide range of income difference can lead to criminal activities.

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is due to the fact that poor people would find it extremely difficult to earn higher salaries through legal means, and might get tempted into traps of easy money. To conclude,

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the very high salaries may benefit a certain section of the society, it leads to unhealthy competition and a spurt in criminal activities.

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, in my opinion, the advantages of

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phenomenon are outweighed by the disadvantages and it is the responsibility of the government to check it.