Increasing the excise on alcohol serves only to drive more consumers to the thriving, unregulated illicit market
s economic recovery is going to take far longer than most people imagine. Not just getting back to pre-pandemic production, which wasnt much to begin with, but fully recovering small business activity in a way that can get businesses generating jobs to recover those that are continually being lost.
This exception is peculiar to me. What was the economic case behind it, if any, given that the alcohol industry was particularly hard hit by the lockdown bans? You don’t have to think too long or hard to come up with the answerA few hours after Godongwana tabled his budget speech in February I bumped into him at a gala dinner and I asked him why every industry but alcohol had received substantial relief.
and more taxes. It means sensible regulation and consistent and predictable tax policy. But why is it that it is so easy to intuitively accept the premise that alcohol is an inherent social ill?
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