The glitches experienced by the introduction of a means test for the R350 social relief of distress grant demonstrated the weakness that this form of targeted grant distribution would have for a basic income grant, the Institute for Economic Justice said last week.
The institute is in favour of a basic income grant being universal with the benefit accruing to the wealthy being clawed back through a variety of progressive tax mechanisms. The introduction of a basic income grant is supported by the governing ANC. The National Treasury has been exploring various options for providing financial support for the unemployed aged 18-60 years who do not qualify for any of the various grants offered by the government...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: