Bewlen
Executive Member
- Joined
- Apr 15, 2016
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How and where is this distinction made, quantified? I would like to see the numbers. And then of course, same as with bracket-creep, this will start creeping. That is a discussion for another day, but I would love to see the numbers.Geordin also clearly makes the distinction between them and "ordinary family households" which are most likely the middle/working class.
Sure, and then taking into account that SA is already highly progressive, homeowners are now getting triple-whammied, and beyond. It is not sustainable. Those who earn more, are paying more than half their salaries to taxes, once you add up PIT and then all other consumption taxes. It's actually far beyond half of total income. Let that sink in.I believe in progressive taxation. If you're a billionaire/upper-class-man, you should pay your fair proportion of taxes, etc, just like everyone else has to.
Then we should stop pretending, and just classify everyone according to their IRP5, and a billionaire should pay R10 000 for a loaf of bread. I recall a scandinavian country that actually does this, where their speeding fines are calculated as a percentage of income. Sure, let's do that then, but stop pretending and being selective about where this should apply. Because why should a billionaire only pay R1000 to have his car licenced every year, when he can afford R80 000 for the year? Why not?It doesn't make sense to me that a billionaire has to pay the same as a middle-class man or a working-class person, while those same rates hit the latter two groups a lot harder than that same rate hits the former...