In many countries, a few people earn extremely high salaries. Some people believe that this is good for a country, while others believe that government should not control salaries and limit the amount people can earn. Discuss both views and give your opinion.

It is argued that a very high salary is a benefit for the community;

however

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, some people believe that a

wage

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limit

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on extremely high earners should be set by the government. I do accord with the

first

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viewpoint. On the one hand, society would suffer a great deal if a maximum

wage

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legislation was adopted. Setting a

limit

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on earnings would encourage the most competent employees, who make significant contributions to their companies, to leave and work in a foreign country.

This

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brain drain of the top employees would cause enterprises and the domestic economy great damage.

In addition

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, earning generate employment.

For instance

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, luxury stores and luxury products

such

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as

jewelries

someone who makes jewelry

jewellers

or diamonds could not survive if extremely high salary were forbidden and these stores and goods create a great deal of employment in the society.

On the other hand

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, the opposing view is not without its merits. The maximum

wage

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limit

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helps reduce the pay gap between the highest and lowest earners. The decrease in income inequality would have beneficial effects on firms and society. Many

scientist

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scientists

argue that countries with a small income gap often have lower poverty and crime rates than those experiencing growing economic inequality. In conclusion, despite the benefit of a maximum

wage

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law, I believe that governments should not set a

limit

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on the wages of earners as it would have

negative impact

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a negative impact

on business and economic growth as a whole.