I need to correct some of the wilder claims by Michael Katz in "Why Tax Incentives Won’t Work" (On My Mind, July 16-22) (https://www.businesslive.co.za/fm/opinion/on-my-mind/2020-07-16-michael-katz-why-tax-incentives-wont-work/).

In fact, tax incentives do work; they are essential in attracting inward investment and stimulating further investment, and they are far from the "pernicious" and wasteful instruments Katz would have us believe them to be...

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