Home » Question 1 Highlight the mistakes and/or half-truths in each of the following statements. Your answers should not exceed 10 lines each.

Question 1 Highlight the mistakes and/or half-truths in each of the following statements. Your answers should not exceed 10 lines each.

Question 1

Highlight the mistakes and/or half-truths in each of the following statements. Your answers should not exceed 10 lines each.

a. If one looks at the budget incidence the poor in South Africa benefit most from the budget of government. (5)

b. Expenditure on social assistance may not be viable in the longer term and derail fiscal policies in South Africa, if it is not managed carefully. (5)

Question 2

Use the criteria for evaluating alternative methods of government finance to assess the most important revenue proposals of the 2018/19 budget. (45)

Your answer should not exceed 2000words (± 5 typed pages)

Question 3

“According to Pikkety1 (2014: 571) wealth ‘accumulated in the past grows more rapidly than output and wages’.” This imply that governments may have to take a fresh look at wealth taxes to promote equity. Do you agree? Put your case by giving attention to both the advantages and disadvantage of wealth taxation. (40)

Your answer should not exceed 2000words (± 5 typed pages).

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