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.

While the gap between the poor and the rich has been expanding in some countries now, there are calls for
this
to be revised so that all citizens can live equally in
a
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society
.
This
essay will share both sides of the coin and explain my own opinion. Undoubtedly, people who earn more than the average increase the GDP (gross domestic product) of the country, which is beneficial to the
government
.
For example
, the
government
can expect more inbound
income
from overseas since people who have high salaries spend more on luxury goods.
Moreover
, the
government
can acquire more tax
income
from their earnings, so they can increase the expenditure on social welfare for a better
society
.
On the other hand
, the
regulation
of
income
is
also
beneficial since expanding the gap in
income
has been a social problem in modern
society
. Some nations
such
as in North Europe implement the ‘basic
income
’ which distributes enough money for a foundational living so that every citizen can achieve the minimum living style as human beings in modern
society
.
As a result
, even if there is a
regulation
of the maximum amount of their salaries, people can live happily in a
society
which has less competition. In conclusion, extremely high salaries are indeed beneficial to the nation’s economy and the
government
income
,
however
,
regulation
of
income
such
as the idea of basic
income
also
leads to a better
society
in terms of reducing poverty. I personally think
regulation
would be an advantage for being a fair
society
,
however
, it is necessary to keep the competition at a certain level because reducing competition might lose the power of the nation's economy.
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Fully explain your ideas

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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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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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