SA Profile Magazine Volume 8 - 2025 | Page 56

EDITORIAL WEALTH TAX

Why a South African Wealth Tax will hurt the poor and kill jobs

The proposed wealth tax for South Africa is being promoted as a solution to“ economic inequality.” In truth it would be a disastrous policy error.
By Eustace Davie, Director of Free Market Foundation and author of Unchain the Child
54 SA PROFILE www. saprofilemagazine. co. za