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In some countries a small number of people receive extremely high salaries. Some people believe this is a benefit for a country while others think that the government should regulate salaries that people can earn. Discuss both views and give your opinion.

Mar

21

2020

Income varies from country to country because some countries are developed, while others are developing. A handful of people earn huge chunks of income and the rest just struggle to pay their bills. Therefore, some people argue that government should limit the salaries. However, I do not agree with this statement. In my opinion higher salaries encourage people to work harder.
If government puts a limit to what individuals earn then people will lose motivation to work harder. Because, if all the people are getting the same salary regardless the effort they put in their work, then this will demoralize those who work harder. What motivates people to earn more is the life style of wealthy people and goods they can afford to buy. The constant struggle of achieving more is also beneficial for the economy, which will result in higher GDP. Thus, leading to more job opportunities created by rich people.
Although, income disparity is not a good thing but it prevails in the society. It encourages poor people to worker more so they could earn more. We as humans have natural tendency to want more and better. It’s a race which drives us work harder and in turn economy also expands. The government can take measures to lessen income disparity. For instance, government can impose progressive tax and also introduce welfare programs for the poor people.
In the end, I would like to say that limiting salaries is not the solution. The government should work for the well being of poor people by offering them free education and skills, which will improve their standard of living.

In: Essays Asked By: [9 Grey Star Level]
Review #1

* In my opinion,
Because, if all the people are getting the same salary regardless the effort they put in their work, then this will demoralize those who work harder

Although,

TA:7.0
CC: 6.0-7.0
GRA: 6.0
LR: 7.0
Overall: 6.5

Answers Reviewed By: Pacans [973 Orange Star Level]

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