Business Times Features SA-TIED Research on the Impact of Taxing Top Incomes

An article based on the SA-TIED Working Paper 'Taxing Top Incomes in the Emerging World' was recently featured in Business Times. The article examines the impact of South Africa’s 2017 top marginal tax rate increase, which sought to raise revenue and reduce inequality by taxing high-income earners. The findings reveal that while the reform intended to boost tax revenue, it instead led to a significant decline in reported incomes among top earners, ultimately reducing the expected revenue. The piece also explores how the reform affected company performance, showing that higher income taxes can have broader economic consequences. Read the full article here.