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A) “The highest marginal tax rate for personal income taxpayers in South Africa is at relatively...

A) “The highest marginal tax rate for personal income taxpayers in South Africa is at relatively high levels “Analyse the possible efficiency and equity implications for South Africa of this tax.

B) “A market economy and a democratic elected government is the ideal solution for South Africa’s socio-economic problems” Discuss this statement critically with the aid of the economic principles.

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