Brian Sokutu
Senior Print Journalist
2 minute read
22 Sep 2021
6:50 am

‘Lower taxation means more jobs,’ says economist

Brian Sokutu

With only about 35% of people over the age of 15 working, South Africa should be encouraging a free market economy and less taxation, according to leading economists.

Picture: iStock

With only about 35% of people over the age of 15 working, South Africa should be encouraging a free market economy and less taxation, according to leading economists. While conceding that SA was one of the world’s most unequal societies, economist Mike Schussler and University of Johannesburg associate economics professor Peter Baur yesterday said taxing the middle class and the rich as a redistributive policy was no solution in bridging the unequal divide. Their comments were made in the wake of a debate sparked by the latest paper, Can Redistribution Keep Up with Inequality? Evidence from South Africa, 1993- 2019,...