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.

Nowadays, there are some countries that allow some groups of

people

to be able to receive extremely high

salaries

compared to other groups in the societies. There is an ongoing debate as to whether the

governments

should not allow

this

measure or not,

conversely

, they should control

salaries

to a certain

level

.

Although

both sides make a valid point, I would argue that taking the progressive

salaries

will be beneficial for the country in the long run. it is noticeable that many countries give higher

salaries

to a group of

people

who have potential in special skills of the 21st century, especially for STEM skills.

First

and foremost, paying the higher rates of earnings in the necessary field is one of the tools that

governments

and private companies apply in order to obtain excellent workers since the world has been changed rapidly into a competitive world and it has

also

happened to the

labour

market which requires more high skill or multi-skill workers.

Consequently

,

this

measure can help the businesses to encourage the

labour

forces to pursue their progression by upskilling and reskilling themselves which

this

situation will contribute to the country's wealth because of an increase in high skill employment.

Secondly

, the progressive tax policy can be employed for those

people

who earn higher rates of salary in order to pay more compared to others who have lower incomes. So that the central

governments

can use that money to spend on many development programs in order to benefit the community as a whole

such

as constructing infrastructure and establishing domestic loan campaigns which will distribute to the majority number of

people

.

As a result

, the public wealth will significantly increase, while labourers can obtain their self-improvement from

this

scheme.

On the other hand

, some

people

argue that higher income for a small group of

people

can lead to uneven social status since

this

measure promotes inequality in the societies affecting most

people

in the communities.

Thus

, a proper

level

of income is really in need of the central government to purposefully enforce because

this

can help solve the inequality problem which will have a considerable impact on some careers, particularly self-employed workers. Another reason why the authorities should limit the range of incomes is that when

people

feel that richer

people

dominate the majority of the country’s income,

this

probably brings out the conflicts among

people

which the

governments

will need to pay not only more attention to take care of

this

circumstances but

also

their budgets to cope with the troubles that might happen later

such

as protest and

labour

's strike. As a consequence, maintaining a certain

level

of earnings can lead to a peaceful society and the ministry can use its budget to invest in other aspects to improve the quality of life for its citizens more effectively. In conclusion, I firmly believe that deploying the higher salary rate policy regarding

people

’s ability is far more critical to overall long-term success than controlling those wages to a certain

level

since the advantage of encouraging

people

to be capable of extremely high incomes will help to promote the value of self-development among them. Once

people

recognize the importance of

this

improvement, it will benefit the

labour

market as well as the country to sustainably upgrade public wealth.