In a heated debate in Parliament on Tuesday, Higher Education and Training Minister Blade Nzimande suggested that the government should tax the country’s wealthy to fund tertiary education.
He said that South Africa has enough money to support free higher education for the poor.
Meanwhile Minister of Home Affairs Malusi Gigaba also showed support of the proposal in a piece which appeared on the ANC’s website.
Stephen Grootes spoke to Xhanti Phayi, Senior Researcher at Nacence research about the Minister’s suggestion to tax the wealthy.
According to Phayi, wealth tax means that the government will have to find out how much wealth do people have, which he says it’s a very difficult thing to do because there is no transparency.
He says people have assets over seas and the government will have to rely on what they can see in order to levy the wealthy.