Unlocking R500bn: Outa's Bold Plan to Boost SA's Finances Ahead of Budget Speech
2025-03-05
The Citizen
As the budget speech approaches, the Organisation Undoing Tax Abuse (Outa) has unveiled a plan to generate a staggering R500 billion annually, far surpassing the estimated R50-60 billion that a 2% VAT increase would yield. This innovative strategy could be a game-changer for South Africa's economy, providing a significant financial boost. With the country's financial future hanging in the balance, Outa's proposal is a timely solution that warrants serious consideration. By implementing this plan, the government could potentially alleviate financial pressures and stimulate economic growth, making it an attractive option for policymakers. Key economic indicators, such as GDP and tax revenue, could also see a significant uptick.
