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 views and give your opinion?

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Nowadays, a very few people earn very high salary. Some think that, it is beneficial for the nation. While, others presume that, governments should impose a certain limitation for the pay that, is earned by an individual. In
this
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essay, we will discuss both the claims, and attain a logical conclusion.
Firstly
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, the government should not intervene or forbid the amount of fortunes that, a person can accumulate.
Instead
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, of restricting, organisations can emphasize wealthy people to take part in a welfare program or allocate certain responsibility for them to do.
For example
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, it is a hard thing for the government to execute all the welfare activities of their own. So it's better to have an assistance by side.
Thus
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, it is clear that, authorities should approach the situation in a different dimension.
Secondly
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, individuals who earn a lot may contribute well to the country's well-being. Indeed, they are the backbones for the nation's economic development.
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, they develop new business ideas, and make a way for the new opportunities in the society.
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, a wealthy person, will always look for the new establishments, which might reinforce the economy, and introduce new prospects for the youngsters.
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, it is very likely to encourage nobilities. In conclusion, it is very transparent and favourable that, organisations and the millionaires must work together, to build a highly prosperous country.
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, it is a government's duty to aid the thriving individuals, by providing loans and incentives at a very low interest rate.
Submitted by vignesh Tosh 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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