budget 2021
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
25 February 2021 - 06:00
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...
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