Godongwana says no to taxing the mega-rich

Calls for South Africa to introduce a wealth tax have intensified amid budget shortfalls and staggering inequality. But Finance Minister Enoch Godongwana has doubled down on income tax as the most efficient way to collect from the rich — arguing that it generates significantly more revenue, costs less to administer, and comes with fewer economic risks, as reported by Daily … Continue reading Godongwana says no to taxing the mega-rich