South Africa will need to consider tax increases and other adjustments if it is to fund a new basic income for working-age individuals between the ages of 18 and 60 in South Africa.
A panel of experts has recommended the country gradually implement a basic income grant, beginning with the institutionalisation of a monthly welfare payment introduced last year to offset damage wrought by the coronavirus pandemic.
While the exact amount of funding will be dependent on how much support government plans to offer to indigent South Africans, it will likely be taxpayers who fit the bill for these additional grants […]
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