No room for more taxes: Treasury

[BusinessTech]

No room for more taxes: Treasury

Finance minister Enoch Godongwana warns that South Africa's finances are in a poor state - but there's no room for more taxes.

 

[Quicks]

Tell that to you know the ANC? They don't seem to care much and love driving away tax payers.

 

[DapperDanMan]

Enough is Enough! - Enoch

 

[neoprema]

Government thinks money is growing on trees here.

 

[WanderingMind]

Start stocking up on those dollars.
It's hyperinflation time.

Now we can finally be a true African nation.

 

[rvZA]

Aaaghh... just increase VAT, PAYE, import rates and duties, estate taxes, raise sugar, alcohol and tabaco taxes, lower tax brackets, do away with any and all tax refunds, including medical aid contributions, RA's and the likes and you are set.

 

[Next Thing]

Scrap Bee , Remove Red Tape , Remove preferential purchasing based on BEE
Remove cost of doing business

 

[ToxicBunny]

Scrap Bee , Remove Red Tape , Remove preferential purchasing based on BEE
Remove cost of doing business

None of those are palatable solutions to the ruling party because it means they won't get to feed.

But largely they are the things we need to do.

 

[Jet-Fighter7700]

theres always room for more, the ANC just needs to look harder for more taxes,

 

[Cius]

Scrap Bee , Remove Red Tape , Remove preferential purchasing based on BEE
Remove cost of doing business

Impossible unless you remove ANC.

 

[Sarg3_ZN]

Scrap Bee , Remove Red Tape , Remove preferential purchasing based on BEE
Remove cost of doing business

It's almost like you are trying to grow the economy.... we don't do that here.

 

[Sideshow Bob]

SARS is checking this thread so be careful

How much money do you earn? And how do you spend it?

I know this is a very private question and I apologise for it, but I would realLy like to know how much people in South Africa earn per month, and how they spend it. I am 23 years old and I earn R8 000 a month before tax, I spend my money on: Transport (taxi and bus) - R1 500 Groceries...

mybroadband.co.za

 

[BBSA]

Government thinks money is growing on trees here.

Maybe not trees, but it is created out of thin air.

 

[DapperDanMan]

no room for more taxes.

Better learn from Argentina, and quickly!

So long, boys!

 

[Gaz{M}]

But ANC want to steal our medical aid contributions...

 

[PaulGherkin]

But ANC want to steal our medical aid contributions...

Yeah, stealth taxation is how the ANC rolls.