Inside Covid-19: SA Govt-favoured Stiglitz, Piketty on paying for pandemic: tax the wealthy and digital titans. Ep47

Loading player...
In episode 47 of Inside Covid-19 we hear fresh and (if you're rich) some rather frightening ideas from rock star economists Joe Stiglitz and Thomas Piketty on how countries should pay the bill for the war against the pandemic: a blanket 25% levy on multinationals especially tax dodging tech titans; a wealth tax of between 6 and 8% on assets of the world’s rich; and a hike in the marginal tax rate to 90% on the earnings of the super rich. Also tonight, our London correspondent Linda van Tilburg shares context on stories from our partners on a surge in India’s infections; why a flu jab may help ward off a Covid-19 infection - although not in the way you may think – and sensible reasons why wearing a mask when you’re out and about is just like having your seatbelt on in the car. And we close off tonight’s programme with a plea to the government from SA’s Tourism Business Council for its members to test their Covid-19 precautions on domestic tourists and prove that in September they will be safe to honour foreign bookings worth R120bn. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
16 Jun 2020 1PM English South Africa Investing · Business News

Other recent episodes

BNC#8; John Endres Q&A - Jobs, politics and the investment freeze no one wants to admit

South Africa’s future hinges on one simple truth: jobs come from growth, and growth comes from political choices. This sharp discussion unpacks how policy, ideology, and global alignment are choking investment and costing livelihoods. Inside the ANC, paralysis, fear, and patronage block reform - despite clear evidence of what works…
10 Apr 9AM 32 min

Roy Tilley: The municipal "Rates Randage Monster" strangling South Africa's property owners

Durban businessman Roy Tilley says a deeply flawed municipal rates formula is pushing property owners and small businesses toward a financial breaking point. In this interview, the Queensmead industrial property owner explains why he believes ever-rising rates are becoming impossible to absorb, hurting tenants, jobs and investment, and argues that…
10 Apr 9AM 20 min

BNC#8: Magnus Heystek Q&A - The brutal truth about South Africa’s financial future

A sharp, no-holds-barred conversation on South Africa’s financial reality - rising offshore limits, shrinking property values, and the struggle for economic revival. From Johannesburg’s decline to gold’s surge, and investor psychology to policy failures, this discussion cuts through the noise. It’s a candid look at risk, resilience, and the tough…
10 Apr 6AM 34 min