Proposed wealth tax could push South Africans to emigrate, say economists - BusinessTech


8/1/2022 12:00:00 AM2 years 9 months ago
by https://www.facebook.com/BusinessTechSA

Economist warn that a BIG is unsustainable as it could drive the high tax paying population out of hte country.

A wealth tax could lead to the reduction of the tax base over time as a small group of affluent South Africans try to prevent a higher tax burden, says the Bureau of Economic Research (BER). The ANC… [+3609 chars]

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