Mail & Guardian
Mail & Guardian
2018 world inequality reportlatest news & developments
An estimated 40 000 beneficiaries of the Government Employment Pensions Fund (GEPF) received sharply reduced income for October due to tax deductions as high as 60% in some cases.
2018 WORLD INEQUALITY REPORT

Tax the super rich and raise inflation to cut state debt, inequality and poverty

The richest 10% of South Africans own over 85% of all private wealth and a once-off 25% tax would reduce government debt by more than half. Imagine what a five-year wealth tax…

  • Marc Wegerif
8 min read