***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.***

There is no denying the fact that

salaries

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regardless of the position have been considered a hot topic, nowadays. One school of thought believes that a specific number of employees getting higher

salaries

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is good for the economy but others consider

this

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as unfair treatment and they feel that the government should apply caps on wages after a certain level.

However

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, I believe that it is essential for the government to closely monitor the

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of individuals. On one hand, it is believed that individuals being paid huge amounts of money, is because of their smartness and efforts in their profession. If not paid enough,

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will not do justice to the positions they serve.

Moreover

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, the amount of taxes they pay

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are enormously huge because of higher tax brackets, which not only highlights their contributions in terms of generating revenue for the nation but

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shows their presence and importance in new innovations. Western countries promote high wages rules,

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, they consider the ongoing importance and contributions towards growth and development

as well as

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keep those people motivated towards their work.

On the other hand

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,

this

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sometimes may cause imbalance within the society, especially in the wealth distribution among all. Richs are becoming richer and the poor are getting poorer, which is unacceptable at a nationwide level.

Due to

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this

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, inequality in the unfair wage caps numerous counties,

for example

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, India, Bangladesh etc. have started setting standards on the salary given to the employees, in order to downgrade the rising gaps between pay.

Consequently

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, many CEOs and Directors

also

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protested over

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decision,

although

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the governments have to take necessary action to carter

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issue.

To conclude

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, without a doubt, it is important to pay higher to top positions for keeping them motivated and they

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are heavily penalised with taxes, but in my perception, the government should make certain laws and implement slab systems for the

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for each position, which can create fair distribution standards in the offices.