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. Give reasons for your answer and include any relevant examples from your own knowledge or experience.

It is believed that a number of individuals in a lot of countries earn an obscene amount of money. A few people are in support, claiming that it favours the

nation

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nation, however

however

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, others want the authorities to cap the achievable income at a set limit. Whilst I understand that making a lot of cash is good for the economy because it encourages healthy competition amongst businesses, I do think that limiting how much salary these people make is a step in the right direction, given that it gives too much power to the most influential citizens. Extremely high salaries equals high revenue for the nation. When citizens of a country are successful, it automatically translates to riches – the economy flourishes, more individuals are motivated to join the work force and that equals development. A good example can be found in countries like Saudi Arabia, where the king's inner circle is the wealthiest

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, keeping ownership of his lands on a tight leash and through

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he is able to control the affairs of his empire more efficiently; making them one of the richest countries in the world today.

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more money is available to a select few, does not mean

every one

all people

everyone

acquires these benefits;

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, creates a large gap between the upper and middle classes of the society, hereby automatically putting the greater part of the population in the lower class; causing problems as poverty, inflation, corruption and all round anarchy. All due to the fact, that too much money was given to a select group of individuals. In conclusion, I think setting a limit to the monthly or annual funds of the immensely rich will profit both the governing bodies and the populace by ensuring equal distribution of wealth.