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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Citizens of many countries are now earning staggering
amount
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amounts
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of money.
Due to
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that some are of
an
Correct article usage
the
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opinion that it’s beneficial for a nation as it elevates living
standard
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standards
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.
Whereas
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, others think that the government should have strict policies that prohibit people from earning above
defined
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the defined
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limit
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limits
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to control
the
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apply
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inflation. Both views are
further
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explained
along with
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my view in conclusion. Having
the
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apply
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high-income earners in a country
have
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has
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several merits. The predominant gain is that it lifts the living standard. As people with
above median
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above-median
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wage tend to spend more than a person with
the
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apply
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limited earnings.
As a result
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,
this
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generates tax revenues, creates job opportunities,
as well as
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elevates living
standard
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standards
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.
For example
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, most
of
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apply
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the
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apply
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rich class citizens love
traveling
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travelling
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to different places frequently, which generates
incomes
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income
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for many locals and the government
due to
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the
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apply
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tourism.
However
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, the downsides of
this
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should
also
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be considered. The primary drawback is the
raising
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rising
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inflation. Because the rich are able to afford additional costs for the same goods that the underprivileged are buying for much
lesser
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less
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. The case of
Canadian
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the Canadian
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housing market is a perfect example of
this
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, where the prices went up by almost 50%
due to
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higher demand and low supply, as the higher salaries individuals were able to afford that as well.
To conclude
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,
higher earning
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higher-earning
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individuals are good for countries economic growth, but the government should constantly monitor the inflation rate. From my perspective, the
goverment
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government
should invest resources to accurately determine income tax for high-networth individuals and should closely monitor their
expences
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expenses
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.
As by
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By
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doing
this
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, they can prevent
the
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a
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major economic crisis.

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task achievement
Include more specific examples to strengthen your argument. For instance, referring to specific countries or industries where high salaries have specifically impacted the economy could add depth to your essay.
task achievement
Clarify the link between high salaries and inflation. Consider expanding on this idea with more details or evidence.
coherence cohesion
Ensure a balanced discussion of both sides by allotting equal depth and analysis. This ensures both perspectives are treated with importance.
introduction conclusion present
The essay contains a clear introduction and conclusion which effectively frames the discussion.
logical structure
Ideas are logically structured, allowing readers to follow the argument easily. Each paragraph focuses on one main idea, enhancing readability.
coherence cohesion
The essay presents a balanced discussion of both viewpoints, which shows a comprehensive understanding of the topic.
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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