- Jan 22, 2005
People will just spend less on essentials in order to get their vices...
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Your heading should be Budget 2021.Big tax increases on alcohol and tobacco
Finance Minister Tito Mboweni delivered his 2021 Budget today, which include significant tax increases on alcohol and tobacco products.
Mboweni said it is clear that excessive alcohol consumption can lead to negative social and health outcomes.
“Consumers do react to price increases, and higher prices should lead to lower consumption of alcohol products with positive spinoffs,” he said.
The Finance Minister subsequently announced an 8% increase in the excise duties on alcohol and tobacco products.
Speeding fines do nothing to curb speeding. It's just an extra source of revenue.Those that wait till Friday to get their pay check and head straight to the bottle store couldn't give a **** what it costs extra per year. History will show once more, than sin taxes do very little to curb sin, just like prohibition doesn't really prohibit, anything.
Although I have issues with the DA, they are a million times better than the ANC. Not even in the same league...not sure if you live in CT or not, but you can literally see how much infrastructure is better maintained than in Gauteng. We also have Steenbras to reduce load-shedding frequency etc.
We're moving a bit off topic here, but as a born and bred Capetonian who has also lived in JHB, I prefer JHB.Uhm.. no. I suggest you go live in Gauteng. In 10yrs a lot changed up there from suburbs coming up from nothing with relevant infrastructure(though not always entirely) with many new economic centers too.
I suspect people in Cpt have a bad sense scale and since living up there I see the city for what it is.. pathetic spatial distribution (not just due to geography) and I suspect due to home prices being kept up(if you make transit easier, distribute economic centers, etc it has a negative impact on prices).
You will understand this if you live elsewhere. 2ndly the transformational impact of “good” living areas in Gauteng is amazing..? Not growing fast enough there and Gautrain taking it’s sweet time to grow sucks but I can’t say the same in Cpt. It’s pathetic here.. and I’m sorry but this is why people keep saying the city is racist.. it’s structural problem. They support opposing highway improvements but what have they done to improve the situation ? The highways etc hasn’t been improved since the 80s and last bug improvement was for the northern suburbs.. like duh!
lol ... 14c on a Beer: how does that become a 'Big tax increase'