Warning on rising taxes to fund basic income in South Africa

The idea of ​​a permanent social assistance grant in South Africa has gained traction following the implementation of the Distress Social Relief Grant to help offset the effects of the Covid pandemic on citizens the poorest in the country.

The Basic Income Grant (BIG) would provide income support to people aged 18 to 59 who are struggling and do not receive any social assistance. But how much would each individual be paid, and how much would it cost?

Bloomberg reports that record unemployment and deepening poverty have fueled calls for the government to move towards a basic income benefit.He said that […]

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