Articles on Wealth tax

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A woman carries a bucket of fresh water to an informal settlement in Khayelitsha, near Cape Town. South Africa has the widest wealth gap in the world. Photo by RODGER BOSCH/AFP via Getty Images

Coronavirus: why South Africa needs a wealth tax now

A wealth tax on the top 1% of South Africans could raise R143 billion. This corresponds to 29% of the R500 billion COVID-19 package announced by the government.
A government of national unity has served South Africa well before. It should consider forming another after President Jacob Zuma leaves office. Shutterstock

South Africa will need a government of national healing after Zuma leaves

South Africa needs to start thinking about life after President Jacob Zuma. Given the damage that he's done, serious thought should be given to forming a government of national unity.
Warren Buffett’s voice has been one of the loudest arguing it’s time to raise taxes on millionaires and billionaires like him. Rick Wilking/Reuters

Are we ready to raise taxes on the rich? History says no

Two centuries of tax policy show efforts to raise taxes on the rich hinge on questions of fairness. The history also suggests proponents have a tough road ahead.

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