Increasing taxes the only viable option to fund a basic income grant, research shows

Of the three options available to fund a basic income grant (BIG) – cutting expenditure, issuing more debt or raising taxes – raising taxes is the only “theoretically viable option” for South Africa, research done by market research and intelligence firm Intellidex shows. The research was commissioned by business organisations Business Unity South Africa (Busa) and Business Leadership South Africa (BLSA).