Time to introduce wealth tax is now
Friday, April 09, 2021
With Botswana considered amongst countries with the worst inequality levels the world over, analysts have said the recent increase in VAT to 14%, as well as a higher fuel levy, electricity tariffs and the new sugar and carbon taxes, will only increase inequality in the country.
The situation has sparked and intensified the debate around the introduction of a wealth tax to help relieve the burden on ordinary Batswana who are struggling to make ends meet amidst the upsurge in living costs.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...