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.

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There are various opinions circulating the issue of imposing a maximum
limit
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to one’s salary. While it may seem more sensible to impose a
limit
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, there are many reasons justifying the act of not doing so. In my opinion, it is more appropriate to refrain from imposing a salary
limit
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as it will not only decrease the happiness of the general
population but
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population, but
also
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lower the standard of living
in addition
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to marring the nation’s image.
Firstly
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, there are clearly advantages in imposing
such
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a
limit
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. Gaps between the upper and lower echelons of society will reduce, causing people to be less discriminating against one another.
Furthermore
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, the country is
then
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able to greater conserve monetary resources and utilize them in meaningful ways,
such
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as improving the quality of the nation’s public education system to better enrich its
denizens
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Denizens
denizens'
and prepare them for the competitiveness of modern society.
Moreover
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, crime rates will decrease due to the greater financial equality introduced
such
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that people will be less inclined to steal from others.
However
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, I believe that it is better to not impose a
limit
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. The primary drawback of doing so is a major decrease in the standard of living, as people will have less access to extravagant luxuries due to lesser funds in their possession.
Furthermore
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, as competition is the very impetus driving a nation’s growth,
such
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a
limit
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will only dampen competition in the
workforce which
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workforce, which
will serve to cause lesser productiveness among people ultimately impeding the nation’s growth
thus
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marring the nation’s image.
Lastly
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, the general population will be less happy due to less access to material indulgence and at the deplorable image of the nation. In conclusion, I believe the disadvantages of imposing a
limit
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far outweigh its advantages and it will only serve to harm the general welfare of the nation and its
netizens
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as it will not only lower the standard of living but
also
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the population’s happiness.
Submitted by j18026565 on

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Topic Vocabulary:
  • incentivize
  • discrepancy
  • inequality
  • social cohesion
  • equitable distribution
  • wealth concentration
  • talent retention
  • global competitiveness
  • social unrest
  • innovate
  • government intervention
  • salary cap
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