In some countries, a few people can 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.

It is undeniably true that the extent of wealth is way different from person to person. Though both of the two opinions related to
this
problem are understandable in their own way, it is required to consider the solution in the former idea considering the overall result. On one hand, once the
government
regulates the possible fortune for their nation
people
by conducting the proper regulation, there could be benefits from
this
. To be more specific, the poor might reassure themselves because the difference of wealth between them and the rich couldn't be infinite as they watched the situation.
As a result
, the emotional conflicts between the poor and the rich might less often happen. By doing
this
, it would be easier to manage its
country
for the
government
if the unrich
people
are on the side of their
government
since the number of non-rich population is usually higher than the figure of the rich.
Also
, if the
people
who have more money know that they can't have unlimited possession, there are some possibilities that they are willing to donate a part of their income to a charity so that they can distribute their money in their intention rather than just being taken it by the politics.
On the other hand
, there are still drawbacks of the opinion which was mentioned above.
Firstly
, if the rich lose the desire to stay in their
country
due to the severe limitation of wealth from the law, they might discard their civilization and immigrate to another
country
, which will lead to enormous losses to the
country
in the end.
For example
, recently it has become a new trend to abandon their American citizenship for those who got alarmingly enormous money from Bitcoin. The main reason for
this
was obviously because of the large taxes and other regulations from the
government
. Once a
country
makes some super-rich
people
choose another
country
to live in forever, more and more
people
would do so if the trend is settled. To sum up, though it seems that limitations of the property have benefited since the drawbacks outweigh the benefits, it should be highly considered that there would be a not severe limitation in order that the
country
can keep the rich in their
country
.
Submitted by ggg on

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Topic Vocabulary:
  • wealth inequality
  • economic growth
  • motivation
  • talent acquisition
  • consumer spending
  • tax revenue
  • redistributing wealth
  • market forces
  • income disparity
  • social stability
  • freedom of choice
  • meritocracy
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