In countries some countries, a few people earn extremely high salaries. Some people think that 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.

In some developed countries, we usually see a set of populations earning really high incomes. While some people think that

this

trend is beneficial for a nation, while others opine that the officials should take necessary actions and keep an upper limit of how much someone can earn. In my opinion, earning is very personal and it depends on the individual's skills & abilities and the law doesn't have any right to curb the income of any person for their hard work. On the one hand, if the citizen's of a

country

earn more, it is beneficial in many ways.

Firstly

, the government receives more taxes from

this

high-income group of society which it can effectively utilize for the improvement of the

country

.

Additionally

, the overall revenue of a

country

increases with the tax collected

thus

improving the standard of living of all the citizens.

Secondly

, the public who earn well

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usually invests their money in providing their children with the best education .

This

way the literacy rates can

also

be improved.

Moreover

,

such

folks can be really helpful in the time of crisis as they readily donate their funds which will be useful for the people in need.

On the other hand

, if there is no limit on what people earn, there are chances of them getting involved in illegal transactions to avoid paying taxes which could affect the

country

's economy negatively.

However

,

such

situations are very unlikely to happen, as there will be strict laws and regulations in most countries.

Moreover

, an individual's earning capability depends on their education, skills & capabilities and the ministry do not possess any right to curb those opportunities In my view,

although

there could be some detrimental impacts on not having a slab on how much someone can earn, those effects can be mitigated effectively with the help of strict rules and regulations and they usually do not pose a threat to any

country

.

However

, society earning more contribute to a larger extent to the government and the society

thus

helping the overall development of a

country

.