This paper proposes that the government should unlock billions in growth potential by being transparent about the real costs of so-called BEE “premiums”, reducing BEE premiums to R0, and cutting Value-Added Tax by R100 billion. Taking these steps, says IRR Fellow and paper author Gabriel Crouse, would be the most direct way to unlock the wiser buying power of millions of South Africans, particularly the poor, who best understand the value of every cent they are left to spend after tax.
The IRR's Blueprint for Growth 1: Arming SA's Pro-Growth Forces
The IRR's Blueprint for Growth 3: Breaking the BEE Barrier to Growth
The IRR's Blueprint for Growth 4: In Service of the Public: Reforming South Africa's Public Administration
The IRR's Blueprint for Growth 5: Reinforcing South Africa’s Growth through Infrastructure
The IRR's Blueprint for Growth 6: Generating Jobs and Skills for Prosperity and Growth
The IRR's Blueprint for Growth 7: Open(ing) for Business: South Africa's Investment Malaise and How to Escape it
The IRR's Blueprint for Growth 8: Solutions to SA's crime crisis to boost growth