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Saturday, June 13, 2020

South Africa - An open letter to Professor Pierre de Vos, University of Cape Town (UCT) - An alternative idea around the transfer of intergenerational wealth that has ‘two happy effects’

Title:
An open letter to Professor Pierre de Vos

Author:
Deon Gouws

Published:
Moneyweb, 12 June 2020
https://www.moneyweb.co.za/moneyweb-opinion/an-open-letter-to-professor-pierre-de-vos/

From the article:
The University of Cape Town constitutional law expert said in a blog post on Wednesday that South Africa should essentially get rid of inheritance by taxing it at up to 100% to prevent white privilege from being carried over from one generation to the next, thereby tackling inequality.