CLAUDE BAISSAC: Rebuilding the middle class
Getting SA back on the right track means that we have to widen the base of taxpayers. There is no real alternative
Last month an article appeared claiming, sensationally, that in the space of three short years SA’s middle class had lost nearly 60% of its number to a swelling underclass.
The article, it turns out, was wrong. It had misquoted a recently released document from the University of Cape Town Liberty Institute of Strategic Marketing, which subsequently issued a clarification of sorts. But the original article, under the alarming title "SA’s Shrinking Tax Base Piles Pressure on Sars [the SA Revenue Service]", remains unchanged...