Our new infographic highlights how SPI’s Universal Basic Income (UBI) model can be nearly self-financing, demonstrating its potential to drive economic growth and transformation in South Africa.
Key Highlights:
VAT Adjustments: An additional R79 billion over 3 years.
Clawbacks: R108 billion from taxpayers above the income tax threshold.
Stimulus Effect: R593 billion in increased tax revenue over 3 years.
UBI is not just about meeting social security needs—it’s a powerful economic tool that can unlock significant potential for our economy.
