In few nations, a limited number of people earn very high income and some people beloved it's good for a country while other think that government should set a highest amount an individual can earn. In my opinion, income must be distributed equally but setting a limit is not a good decision as high income helps to increase GDP of a country.
Firstly, I will say that government should take steps to distribute income equally in their citizens as an example; one step that a country can take is taking high amount of tax from high income earners and exempting low income families from tax then investing the money earn from high income individual to the development of low income people which will help to increase the income of person whose income is low and then this approach will give a positive effect to country because no ones income will decrease as this theory just help to increase everybody income.
However, government should not set limit on earning of an citizen as it will decrease the GDP of the country moreover, this will Demotivate a person to earn more than a certain limit so doing this may make citizens lazy and it will directly affect the productivity of country and indirectly affect the lifestyle of the citizens in addition, after taking such decision it will become nearly impossible for a country to develop.
In conclusion, there are clear benefits of a high income person for countries as this influences the productivity of a nation. That said, I do not believe that government should limit the amount of earning but they must control the income to support low Income families.
In few nations, a limited number of
people
earn
very
high
income
and
some
people
beloved it's
good
for a
country
while other
think
that
government
should set
a
highest amount an individual can
earn
. In my opinion,
income
must
be distributed
equally
but
setting a
limit
is not a
good
decision as
high
income
helps
to increase GDP of a country.
Firstly
, I will say that
government
should take steps to distribute
income
equally
in their
citizens
as an example; one step that a
country
can take is taking
high
amount of tax from
high
income
earners and exempting
low
income
families from tax then investing the money
earn
from
high
income
individual to the development of
low
income
people
which will
help
to increase the
income
of person whose
income
is
low
and then this approach will give a
positive
effect to
country
because
no ones
income
will decrease as this theory
just
help
to increase everybody income.
However
,
government
should not set
limit
on earning of
an
citizen
as it will decrease the GDP of the
country
moreover
, this will Demotivate a person to
earn
more than a certain
limit
so
doing this may
make
citizens
lazy and it will
directly
affect the productivity of
country
and
indirectly
affect the lifestyle of the
citizens
in addition
, after taking such decision it will become
nearly
impossible for a
country
to develop.
In conclusion
, there are
clear
benefits of a
high
income
person for
countries
as this influences the productivity of a nation. That said, I do not believe that
government
should
limit
the amount of earning
but
they
must
control the
income
to support
low
Income
families.