Tax hikes the only way to fund a basic income grant, report says
These would need to be broad-based and paid by middle, lower-middle classes
24 July 2022 - 06:44
Raising tax is the only theoretically viable way to fund a basic income grant (BIG) as alternatives, including cutting other expenditure and issuing more debt, are unviable, according to an Intellidex report released on Friday.
The research, commissioned by Business Unity SA (Busa) with the support of Business Leadership SA (BLSA), looked into funding options for such a grant. ..
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