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Speculation on Wealth Tax Could Contribute to Further Emigration of South Africa's Wealthy

  • Written by PR Newswire

LONDON, April 28, 2021 /PRNewswire/ -- As many countries attempt to recover from the economic fallout of the pandemic, the introduction of a wealth tax has become an increasingly popular solution to tackle this. While some experts have concluded that a wealth tax could be a short-term tool to raise revenue, many others have also highlighted the concerns attached to the taxation. South Africa has become the latest country rumoured to introduce a wealth tax with a recent study by the World Inequality Lab demonstrating that the tax could...

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