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Economist calls for govt to make R350 social grant permanent

Economist calls for govt to make R350 social grant permanent
ewn.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ewn.co.za Daily Mail and Mail on Sunday newspapers.

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Huge public sector strike action looms

Huge public sector strike action looms
georgeherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from georgeherald.com Daily Mail and Mail on Sunday newspapers.

Rand Water , South Africa , Dick Forslund , Reuben Maleka , Information Development Centre , Sa Municipal Workers Union Samwu , Public Service Association , Alternative Information Development Centre , Workers Union , ரேண்ட் தண்ணீர் , டிக் பொர்சிழுந்ட் , ரூபன் மழேக்க , தகவல் வளர்ச்சி மையம் , பொது சேவை சங்கம் , மாற்று தகவல் வளர்ச்சி மையம் , தொழிலாளர்கள் தொழிற்சங்கம் ,

At least 1.5m signatories from civil society call on MP...

Since it was published, the 2021 Budget has been called out as unconstitutional and austere from many corners. More than 200 social movements, civil society organisations, trade unions and individuals, in an open letter to members of Parliament, have endorsed a call for MPs to reject the Budget and send it back to the drawing board. The current Budget will cut public spending by R265-billion over the next three years in areas which directly affect human rights.
The signatories of the open letter represent 1.5 million people, according to Section27, one of the signatories.
The letter urges the members of Parliament to use their constitutional powers to send the Budget back to the executive. They should demand that it protects human rights and finds an alternative way of managing public debt, the letter states. ....

South Africa , Kwazulu Natal , Alra Park , Free State , Eastern Cape , North West , South African , Michael Sachs , Dale Mckinley , Sara Black , Zama Mthunzi , Tito Mboweni , Simone Cupido , Matthew Kensett , Johan Barnard , Mohammed Abrahams , Jay Kruuse , Edward Wethli , Courtney Morgan , Vanessa Farr , Renee Louw , Alex Lenferna , Nimi Hoffmann , Mongi Henda , Michael Smith , Phelisa Nkomo ,

The great wealth tax debate: Heed the 60-million South...

Business Maverick editor Tim Cohen has recently written critically of the idea of a wealth tax. But, as Dr Dick Forslund pointed out in his riposte to Cohen, the latter was arguing not about a wealth tax but rather about increased marginal rates of income tax on high-net-worth individuals (HNWIs).
The essence of Cohen’s argument is to be found in the following passage: “So, back to Pravin Gordhan’s 2017 wealth tax. It[’s] simple enough; it constituted an increase of the maximum marginal rate – the rate of tax that applies to the top income bracket – from 41% to 45%. He also increased the withholding tax on dividends from 15% to 20%, and limited the adjustments for bracket creep (when salaries rise with inflation but the tax brackets do not). ....

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Top 0.5% are getting rich from Covid-19 crisis. Tax them!

Top 0.5% are getting rich from Covid-19 crisis. Tax them! - economist
4 February 2021 3:21 PM
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You canât have a small minority living as if they are tourists here,â says economist Dick Forslund.
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Calls for a special tax on the superrich are incessant and growing louder, not only in South Africa but around the world.
In the United States this week, Senator Elizabeth Warren joined a US Senate committee on tax, giving her much power to influence decisions in this regard.
Warren - who ran against President Joe Biden in the Democratic primary - campaigned on the idea of a wealth tax on accumulated assets. ....

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