66% income tax

[baasvandieplaas]

Read an article in either the Cape Times or Rapport over the weekend, where certain ministers want to push income tax all the way to 66% to alleviate the poor.


When this happens I'm closing down my company and rather go and pay 50% tax in 1st world country where this includes my medical and pension

The gvt can go and f$ck itself

 

[Syndyre]

They don't seem to realise that that's likely to be everybody's response, the more you tax people the less motivated they are to work etc.

 

[Kimosabe]

alleviate the poor...what are the chance of that happening? Cos they really done a stellar job to date

 

[bullfrog]

Also the more you tax people, more leave and you're left with a bunch of poor people to tax. The poor people thing is getting really old really fast and I think that's bullsh*! The more money they make in tax the easier money goes missing and we all know that power corrupts.

 

[telkomsuig]

nope the biggest problem if you tax people at 66% is that they have less money to spend and thus the economy suffers and less jobs are created.

The people receiving the R130 will not be spending on labor intensive goods but rather on things like maize etc.

If this is implemented you can be sure the poor will be far worse off in 10 years time compared to today.

Would you rather get R130 or work and get minimum wage which is much higher?

PS: and what is the chance of the R130 reaching the poor anyway? most of it will probably go to currupt officials and illegals...

 

[Nod]

Can anybody find a link to this article?

 

[BradDC]

We are heading towards a state owned country here, where everything goes to the state and gets distributed as the state see's fit, which isnt good news. How many people are actually registered to pay tax? 5 million of the 55 million people in this country?? what are the other 50 million people doing?

 

[Syndyre]

We are heading towards a state owned country here, where everything goes to the state and gets distributed as the state see's fit, which isnt good news. How many people are actually registered to pay tax? 5 million of the 55 million people in this country?? what are the other 50 million people doing?

I think it's even lower, 2-2,5 million.

 

[TonyA]

Being subsidised by the Tax Payers

 

[(DmZ)Wrecky]

Change the rules... Vote accordign to your tax contribution. The more tax you pay the more votes you get... After all it is your money the gov is working with. The more they take the bigger say you have.... Maby then the gov will be better.

 

[noswal]

Read an article in either the Cape Times or Rapport over the weekend,

Why doesn't this article show up in a search with those and other newspapers?

 

[simple_simon]

sounds like urban legend ***....find a link or else i'll start classifying all your posts in the same category as mr IAMCANADIAN...or should i say mr 1988

 

[Syndyre]

Change the rules... Vote accordign to your tax contribution. The more tax you pay the more votes you get... After all it is your money the gov is working with. The more they take the bigger say you have.... Maby then the gov will be better.

Exactly, "No taxation without representation".

 

[killadoob]

Guys This Is A Joke Of A Thread Post A Link To Plz


WHO IN THEIR RIGHT MIND WOULD TAX 66% OF INCOME

 

[simple_simon]

Change the rules... Vote accordign to your tax contribution. The more tax you pay the more votes you get... After all it is your money the gov is working with. The more they take the bigger say you have.... Maby then the gov will be better.

now thats a frickin idea of note.

to counter this problem the powers that be would systematically reduce the upper level of taxation.

would work for me also

 

[(DmZ)Wrecky]

Why should I pay for somenone elses agenda.. and be ....Wait I am getting too political here, not qualified to do so..

 

[(DmZ)Wrecky]

Change the rules... Vote accordign to your tax contribution. The more tax you pay the more votes you get... After all it is your money the gov is working with. The more they take the bigger say you have.... Maby then the gov will be better.

We had this principle at school ( a while ago ) Voting for representation. St 5 pupil get 1 vote each, st 6 pupil 2 votes each, st 7 pupil 3 votes each etc.

It works.

 

[baasvandieplaas]

there is no link.... i read it in the rapport over the weekend

the paper, i know you guys have forgotten what paper looks like... the one they deliver on sundays... those older than 40 would remember them

 

[(DmZ)Wrecky]

And the young chaps at sunrise walking ans shouting : "Rapooort!!"

 

[Syndyre]

to counter this problem the powers that be would systematically reduce the upper level of taxation.

Could live with that.