Wealth tax
ANALYSIS: COVID-19 and why South Africa needs a wealth tax now
A wealth tax is in line with the recommendations recently made by the International Monetary Fund to equitably attain fiscal sustainability and better position...
The DTC announced it was inviting submissions from South Africans on whether the government should implement such a tax.
Stephen Grootes says what looks rich to a street-cleaner may look like poverty to a Rupert or an Oppenheimer.
Economists say while there may be support for the idea, it may be quite difficult to implement in practice.
The party wants the idea of a wealth tax being imposed on the rich to be seriously considered.