Reports that the president’s economic advisory council is warning against tax hikes to pay for a basic income grant are encouraging. This is an important issue — there is no doubt that as a country we need to provide support for the (far too) many South Africans who live in poverty.
There is also no questioning that we need to do it in a way that does not cripple us economically, now or in future. This is a long-term policy: it’s an obligation to commit a substantial amount of the national budget forever, with the amount likely to increase over the years...
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