What the Inflation Reduction Act is REALLY About

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Experts at Tax Consulting South Africa warn that the ANC’s renewed position on taxing the country’s wealthiest individuals to fund a basic income grant could push them offshore, adding further strain to the tax base.

At the party’s policy conference held at the end of July, the ANC said that a wealth tax is the preferred option to fund a basic income grant in South Africa, with delegates pointing specifically to the top 5% of earners in the country who hold “a majority of wealth”.- Andrew is reading this article: https://businesstech.co.za/new....s/wealth/615407/emig

In this video, Andrew shares what the inflation reduction act is really about.

00:00 Start
0:17 U.S. Politics
3:27 Inflation Reduction Act
7:16 Tax the Rich
12:34 Why Do People Hate Rich People?

Andrew is reading this article: https://businesstech.co.za/new....s/wealth/615407/emig

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