In some countries, a few people earn extremely high salaries. Some people think 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?
Salary is a basic source of
income
in any family and entire
family depends on its own breadwinner for satisfying their amenities. A well-paid social Correct article usage
the entire
group
attains substantial financial stability compared to a less-earned group
and a lesser amount is generally spent by high-earned groups for any activity beneficial for destitutes
. Correct your spelling
destitute
Thus
, an unequal income
distribution prevails in the economy which government can regulate extensively if an income
bar or taxation facility is introduced. Hence
, we can see the opinion on both the case as below.
Extreme income
is generally attained by a minor group
of people in the society, however
, through dedication and hardwork
showed in their job or career. The acquired financial status is well-deserving for these people as they might have spent Correct your spelling
hard work
huge
amount of money for education and training in their early days. Sometimes, millionaires like Add an article
a huge
celebreties
and business magnets offer an integral part of their money for charity purposes and Correct your spelling
celebrities
well-being
of Correct article usage
the well-being
destitutes
. They often sponsor Correct your spelling
destitute
childern
from Correct your spelling
children
poorer
Add an article
a poorer
family
, provide healthcare facilities free of cost, and even build houses for the needy. In Fix the agreement mistake
families
this
case, income
is distributed between the rich and the poor. Therefore
, high
Add a hyphen
high-income
income
groups play a useful part in country's
economic development.
Correct article usage
a country's
On the other hand
, when an unequal income
distribution happens the government should implement appropriate measures to ensure equal
economic stability of the entire society. Procedures Add an article
the equal
such
as setting income
bars and taxation can be imposed over extreme money earners. In fact, the economic benefits obtained through such
measures can be utilized for the economic empowerment of needed
Correct article usage
the needed
group
. Fix the agreement mistake
groups
Moreoever
, in the case of developing and under-developed countries, benefited amount can be used for infrastructural development.
To conclude, the circumstances of imposition of Correct your spelling
Moreover
income
limits greatly depend on the utilization of income
earned by higher-income
groups. If an unequal distribution happens in the society, government
should interfere and appropriate measures should be implemented.Add an article
the government
Submitted by athira.m.mohan969 on
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Your opinion
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