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

people

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consider it progress that only a handful of

people

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earn very high salaries compared to the rest of the population. Other schools of thought prefer the

government

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to regulate how much

people

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earn. In my opinion, I think the

government

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should be allowed to control

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people’s

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wages for transparency and to prevent

fraud

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. Earning extremely high salaries improves the standard of living.

This

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can benefit the

government

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as they can impose high tax policies on the rich and wealthy. In turn, redistribute their

wealth

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to the rest of the society. The

government

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can decide to build infrastructure, improve health care or human capacity development via scholarships and youth empowerment.

Consequently

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, if used properly, a few

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people’s

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wealth

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in the

country

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can potentially transform the entire

country

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's fortune.

On the other hand

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, many

people

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think that the

government

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should be given the authority to control

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people’s

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earnings

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as

this

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can prevent

fraud

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and give room for transparency. Because without a robust

government

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in place,

people

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tend to act mischievously, violate financial laws and accrue illegal

wealth

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, which can be detrimental to the reputation and development of that

country

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. With the

government

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’s involvement in controlling and organizing

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people’s

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earnings

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, there will be a sense of balance between the rich and the poor. Illegal

wealth

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can be traced, and

fraud

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can easily be prevented when the

government

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creates financial systems to regulate

earnings

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. I think the

government

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should be allowed to monitor and regulate financial transactions in the

country

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. A standard wage system should accommodate all types of jobs and skills potential.

People

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should be able to estimate the likely

earnings

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of a particular job as

this

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will give room for transparency and dignity in

labor

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labour

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. In conclusion,

although

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it can be beneficial when a few

people

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earn very high and attractive salaries, governments involvements in controlling and managing earning potential is much needed to create and sustain a

balance

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balanced

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society

that is

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free from

fraud

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and

transparent

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transparency

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.