Poverty at worst level yet, but a basic income grant is unaffordable – CDE

Poverty at worst level yet, but a basic income grant is unaffordable - CDE

Ann Bernstein, executive director of the Centre for Development Enterprise SA cannot afford a basic income grant, says the Centre for Development Enterprise.

Higher taxes to pay for it would undermine growth, the research and lobby group believes.

In a new report, it argues there are better ways to fight poverty. The Centre for Development Enterprise (CDE), a research and lobby group funded by business, says that SA cannot afford a basic income grant.A grant – which would cost between R200 billion and R400 billion a year depending on its size – would make such a […]

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