Give them property rights – an idealistic duel
The rich can buy protection for their property. The poor are doomed to destitution without private property rights and free markets.
The rich can buy protection for their property. The poor are doomed to destitution without private property rights and free markets.
There is already an exodus of high tax paying individuals on the go, and a wealth tax will certainly speed it up, with a resulting shrinkage of an already small tax base.
BBBEE has doubled the number of unemployed black South Africans from 5,7 million to 11,3 million during the past 14 years, says Steenhuisen.
The government has decided to extend the fuel levy relief for two months. It meant that a predicted R4 per litre hike did not materialise.
The Covid-19 health crisis and associated lockdown reinforced existing inequalities in South Africa. These were exacerbated by massive job cuts and a depressed labour market, say the researchers.
As the coronavirus is advancing on poor nations and on Africa; concern is growing that the continent will find it hard to cope.
In the 17th annual Nelson Mandela Lecture at the University of Johannesburg, Chief Justice Mogoeng Mogoeng referred to the poor who have been left behind in South Africa.
Many of the poorest in South Africa are surviving by doing their bit by sorting and recycling waste rather than turning to crime.
OUTA condemns Social Development Minister Bathabile Dlamini’s ongoing manipulation of the needs of the poorest of the poor to suit her own agenda.
It’s no secret the poor are the hardest hit when it comes to a recession. Now you can add corruption to that list only because of what the money could have bought.