David Masondo. Picture: SOWETAN
David Masondo. Picture: SOWETAN

In the 1980’s movie Ferris Bueller’s Day Off a crusty professor talks about the Laffer Curve, the relationship between tax rates and the amount of tax revenue collected by governments.

Business Day TV’s Giulietta Talevi asked deputy finance minister David Masondo whether the decision not to increase taxes was informed by the Laffer Curve.

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