Some people think that in order to produce a happy society, it is necessary to ensure that there is only a small difference between the earnings of the richest and the poorest. To what extend do you agree or disagree?

The economical inequality is so evident in our world. There are some people

t

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who

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hink that it is better to cap the salary of the rich, by doing

this

, the residents would be happier. I do not agree with

this

standpoint since

this

can have severe repercussions to the nation.

To begin

with, to improve the standard of the economically deprived, the

first

and foremost step is to avail free access to education for all, irrespective of their background.

Consequently

, they would able to secure a well-paid job.

For example

, another possible method is to fix the minimum wage for every employment.

Thus

, slowly and gradually, the destitute would witness the prosperity in their lives and they feel content.

However

, if the government introduces a plan to cap the salary of the affluent, could bring serious ramifications.

This

is because they may feel displeasure,

as a result

, the employee may migrate to developed nations, where they can earn handsome money without any restrictions.

For instance

, recently, many wealthy Indian businessmen have migrated to different foreign countries, where they could get tax exemptions

such

as Malta. Due to

this

, some unintentional effects can bring to society' s finance status while attempting to maintain the optimum standard of living for all. In conclusion, in order to minimise the economical imbalance of any country, capping of the rich' s income would be a feasible solution, according to some. In my opinion, I firmly reiterate

this

hardly bring any positive outcome as

this

causes dissatisfaction among the wealthy. It is highly recommended that the authority requires to find alternative solutions for the same.