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.

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Some
people
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believe that individuals earning a high amount of income is for the betterment of a country
while
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others argue that the government must impose a policy to limit the salary earned by a person. Even though having a limited profit will bridge the wage gap, I believe that having it will just incapacitate the development of an individual.
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, having incredibly high incomes attract individuals to gain more knowledge.
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is because
people
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will need to invest in their skills and knowledge in order to gain a higher salary.
For instance
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, studying highly specialized subjects is usually costly but students still take up those because the incomes on the jobs will eventually pay off all the money they have spent.
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there is a downside, the competition for these high-paying jobs is tough and stressful for individuals with vulnerable mental health.
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I do think that
people
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should not be stopped from gaining high salaries because
this
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is the driving force for them to become more innovative in their work. On the one hand, limiting the amount
people
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can earn may help reduce income inequality. The government can control and able to distribute the financial capability to its citizens, especially those low-wage earners.
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,
this
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policy will ensure that there is no reason for
people
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not to afford their basic needs.
However
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, I think the policy in question might hinder a person's desire to improve and it would be unfair for them because they will still have the same earnings despite having learned a new skill. In conclusion, I do think that policing a limited amount of income for
people
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might hinder their desire for new goals and dreams.
Submitted by angeline07 on

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Topic Vocabulary:
  • wealth inequality
  • economic growth
  • motivation
  • talent acquisition
  • consumer spending
  • tax revenue
  • redistributing wealth
  • market forces
  • income disparity
  • social stability
  • freedom of choice
  • meritocracy
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