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.

In some nations, few people make a huge amount of money. While it is widely believed that it will benefit the country, others would argue that salaries should be under a certain level. There are both merits and demerits of these circumstances. From my perspective, I would subscribe to the former idea. As for the former point of view, they may help boost the economy.
First
of all, it is of paramount importance for all classes to be treated impartially. The elitists or the lucrative are the targeted subjects in these debatable issues, as their salaries are immensely high. If there were some regulations about restricting the amount of money an individual could make, those classes might feel demotivated as their salaries are not compatible with their abilities.
Furthermore
, with an increasingly higher number of wealthy people within a nation, foreign investors may consider that geographical location a potential financial hub. Not only
does
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do
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these bring chances for the national future workforce and motivate them to learn, but they
also
address some alarming social issues.
Nevertheless
, imposing a restriction might be beneficial on a larger scale. If there was a salary restriction, most people might feel being treated proportionately within the society. The affluent only constitute a small percentage of society,
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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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