Time to introduce wealth tax is now

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.