Income inequality is a major global concern. Some people are of the opinion that the difference in income, between the highest paid worker and the lowest paid worker, should be lessened. This essay will argue why I completely agree with this opinion and provide reasons for the same.
Reducing the difference in wages between the highest paid job and the lowest paid job will improve the living standards of the extreme poor. The extra income will enable these people to meet their basic needs. Although the rich will crib with the reduced income, their living standards will not take a big hit. For Example: The increased income for a poor homeless man may enable him to rent a single room while the reduced income of an affluent man may force him to move from a 5-bedroom house, which he does not need, to a slightly smaller house. The benefits for the poor far outweigh the slight discomfort caused to the rich.
Another advantage of reducing the difference in pay, will be a better distribution of wealth among society. Currently, the difference in income between the extreme rich and the extreme poor is huge. This results in the rich becoming richer and the poor becoming poorer over a period of time. For Example: As of today, the richest 10% of the world’s population earn 80% of the world’s total wealth. While the rest 90%, have to share the remaining 20% of the wealth. This step will help in a fairer distribution of wealth.
In conclusion, the difference in pay between the highest paid jobs and the lowest paid jobs is already very high. This essay discussed the two main benefits of reducing this gap, both on an individual and society level. In my opinion this reduction in income imbalance is an absolute necessity in current times. 
 Income
 inequality is a major global concern.  
Some
  people
 are of the opinion that the  
difference
 in  
income
, between the highest  
paid
 worker and the lowest  
paid
 worker, should  
be lessened
. This essay will argue why I completely  
agree
 with this opinion and provide reasons for the same.
Reducing the  
difference
 in wages between the highest  
paid
  job
 and the lowest  
paid
  job
 will  
improve
 the living standards of the extreme  
poor
. The extra  
income
 will enable these  
people
 to  
meet
 their basic needs. Although the rich will crib with the  
reduced
  income
, their living standards will not take a  
big
 hit.  
For Example
: The increased  
income
 for a  
poor
 homeless  
man
 may enable him to rent a single room while the  
reduced
  income
 of an affluent  
man
 may force him to  
move
 from a 5-bedroom  
house
, which he does not need, to a  
slightly
 smaller  
house
. The benefits for the  
poor
 far outweigh the slight discomfort caused to the rich.
Another advantage of reducing the  
difference
 in pay, will be a better distribution of wealth among society.  
Currently
, the  
difference
 in  
income
 between the extreme rich and the extreme  
poor
 is huge. This results in the rich becoming richer and the  
poor
 becoming poorer over a period of time.  
For Example
: As of  
today
, the richest 10% of the world’s population earn 80% of the world’s total wealth. While the rest 90%,  
have to
 share the remaining 20% of the wealth. This step will  
help
 in a fairer distribution of wealth. 
In conclusion
, the  
difference
 in pay between the highest  
paid
  jobs
 and the lowest  
paid
  jobs
 is already  
very
 high. This essay discussed the two main benefits of reducing this gap, both on an individual and society level. In my opinion this reduction in  
income
 imbalance is an absolute necessity in  
current
 times. 
 .