Unions push for R1,500 basic income grant in South Africa

PrimeSteak

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Unions push for R1,500 basic income grant in South Africa

South African Federation of Trade Unions (Saftu) general secretary Zwelinzima Vavi has called for the introduction of a R1,500 monthly grant aimed at South Africans over the age of 18 without work.
Reposting what I said in another thread about BIG:

Look, SA just doesn't have the finances for it rn. Actually, IMO, a BIG could work but
  1. It should replace most of the current grants
  2. It should have strict conditions that are heavily reinforced
  3. Should act as an incentive to find jobs, become self-employed and not to become a gov-sponsored NEET
 

KarlFranz

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Reposting what I said in another thread about BIG:

Look, SA just doesn't have the finances for it rn. Actually, IMO, a BIG could work but
  1. It should replace most of the current grants
  2. It should have strict conditions that are heavily reinforced
  3. Should act as an incentive to find jobs, become self-employed and not to become a gov-sponsored NEET
I agree. My view on it as well.
 

Convict

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I can see the ANC implementing this 2 months before the national election to ensure they get the votes to stay in power. The idea is unsustainable in the long run, but 2 months they will manage. This will be vote buying on a large scale.
 

Polymathic

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I remember thinking about this a while back while on the toilet.

Essentially a basic will result in more essential goods becoming VAT free and to discourage the poor from spending money on non essentials we would see VAT increase to 25% on all non essential goods and that's not counting sugar tax and sin taxes.
 

KarlFranz

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I remember thinking about this a while back while on the toilet.

Essentially a basic will result in more essential goods becoming VAT free and to discourage the poor from spending money on non essentials we would see VAT increase to 25% on all non essential goods and that's not counting sugar tax and sin taxes.
Now that was truly an enlightening session on the toilet.
 

Gaz{M}

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"Unemployment has hit a record high of 34.4%, or 7.8 million jobless people"

7 800 000 x 1500 x 12 = R140.4 Billion a year.

Or a 10% increase in taxes for all taxpayers and VAT.
 

Gaz{M}

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I remember thinking about this a while back while on the toilet.

Essentially a basic will result in more essential goods becoming VAT free and to discourage the poor from spending money on non essentials we would see VAT increase to 25% on all non essential goods and that's not counting sugar tax and sin taxes.

The problem is that we already pay VAT on plenty of "essential" non-essentials: Electricity, Security, Appliances etc.
 

The_Librarian

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Reposting what I said in another thread about BIG:

Look, SA just doesn't have the finances for it rn. Actually, IMO, a BIG could work but
  1. It should replace most of the current grants
  2. It should have strict conditions that are heavily reinforced
  3. Should act as an incentive to find jobs, become self-employed and not to become a gov-sponsored NEET
Agreed, and agreed, however...

grabbamint be like :
recommendations.jpg
 

Mystic Twilight

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I remember thinking about this a while back while on the toilet.

Essentially a basic will result in more essential goods becoming VAT free and to discourage the poor from spending money on non essentials we would see VAT increase to 25% on all non essential goods and that's not counting sugar tax and sin taxes.

You're assuming the money will only be spent on basic goods. This is free cash, the people will spend it however they please and simply just get less stuff on the more expensive or taxed goods.
 

neoprema

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Unions should push their staff to stop being lazy Bas.. then focus on getting more money. :rolleyes:
 

Hemi300c

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It so fascinating to see how such morons have such elite high powered positions..........
 

Polymathic

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You're assuming the money will only be spent on basic goods. This is free cash, the people will spend it however they please and simply just get less stuff on the more expensive or taxed goods.
Did I mention how people are actually going to spend the money?
 
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