Corncerns as rich taxpayers leave SA – could loadshedding be reason?

South Africa is in a precarious position in that its working-class taxpayers are severely diminished and the SA Revenue Service (Sars) is too dependent on taxes from the rich, but ever more rich South Africans are leaving the country.<br /> This warning came from Claude de Baissac, chief economist of business management consultancy Eunomix, who was at the annual Tax Indaba in Johannesburg last week and was part of a panel discussion on the expansion of the tax base.<br /> South Africa could be a low-income country by 2030 and, with the tax base not growing enough for the state to meet obligations, the country is on the verge of a revolution. <a href="https://kaya959.co.za">Kaya 959</a>