Total government spending in 2020 was approximately R2 trillion according to Statistics SA. In a May 2021 article by BusinessTech, it was stated that the expected cost of 18 million social grants would be an annual figure of R195 billion for 2021/22. This equates to approximately 10% of all government expenditure. Put differently, of every rand spent by government, approximately 10 cents is allocated to social grants.
This is a contributor to the low levels of e-tolls collection that the South African National Roads Agency currently experiences. Read: Gauteng e-toll payment compliance at its lowest level ever E-tolls here to stay, for now The Laffer Curve below illustrates that at point T* the country in the example is at the optimal tax rate that maximises revenue collection.
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