Search Climate Insights Directory
1 result
DateDocumentOrganization and type
RESOURCING FOR RIGHTS REALISATION ALTERNATIVES TO AUSTERITY
The Institute for Economic Justice argues that South Africa's National Treasury has unnecessarily cut social spending by failing to mobilize available resources. The brief identifies significant revenue potential through the removal of regressive tax breaks for high earners, the introduction of wealth and financial transaction taxes, and the utilization of the Gold and Foreign Exchange Contingency Reserve Account (GFECRA). It recommends restoring the Corporate Income Tax rate to 28% and implementing a progressive Social Security Tax to fund social protections.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Policy brief
Showing 1–1 of 1 document