💨 Abstract

The South African government is considering adding chicken products to the list of VAT-exempt food items due to rising living costs. This move, supported by the South African Poultry Association, aims to alleviate financial strain on households and increase access to meat, boosting the poultry industry. However, experts argue that this may disproportionately benefit wealthier households, as lower taxes on products reduce prices for all consumers, regardless of income level.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖