Tax hikes coming

[Sting]

Interesting yet disturing read on Fin24.

http://www.fin24.com/articles/default/display_article.aspx?ArticleId=2548207

This is the sore part...

There are only 5.3m taxpayers in the country and 1.2m of these pay 75% of all personal and company tax collected.

As matters stand, South Africa is already the country with the highest proportion of people depending on social grants.

Currently 13m or 26% of the population depend on these grants. In other words, each taxpayer is responsible for two people's social grants.

 

[LabAnimal]

 

[gregmcc]

 

[Dolby]

 

[Ou grote]

:erm:

 

[Paulr]

And when the taxpayers have been bled completely dry, what will they do?

 

[LancelotSA]

Do the writers of these articles just suck things out of their thumbs to suit their need?

"This is unsustainable for a country with the smallest number of taxpayers and the highest rate of taxation" he argues.

You could live in Benin! Even the "utopia" of Australia goes up to 45%...

 

[hexium]

Do the writers of these articles just suck things out of their thumbs to suit their need?



You could live in Benin! Even the "utopia" of Australia goes up to 45%...

Yes, but what do you get there in return for your taxes?

 

[air]

Do the writers of these articles just suck things out of their thumbs to suit their need?

missing trees 'n forests and shrubs, but where else in the world do 3% of the population account for approx. 75% of all personal and company tax collected?

 

[Milano]

I'm supporting entire families I've never had the privilege of being mugged by

 

[phiber]

Didn't we just get a cut ? So they give us a 2 or 3 % cut then smack us with a 9% increase ? FFS...

 

[xrapidx]

Being screwed again - no wonder the poor masses keep voting for these idiots.

How much of the required funding will be lining their corrupt pockets?

 

[Milano]

Actually I am for this. I would rather pay another 9% or whatever than have to actually employ some of the laziest people on earth and then fight with the CCMA when I want to fire them. Rather just give them handouts and tell them to stay home.

 

[xrapidx]

Didn't we just get a cut ? So they give us a 2 or 3 % cut then smack us with a 9% increase ? FFS...

Probably coming in next year...

 

[ToxicBunny]

They can kiss my ass on this one.

I already pay enough tax, and get very little back for it.

 

[xrapidx]

I think its about time that the actual tax payers get something back....

 

[Milano]

I think its about time that the actual tax payers get something back....

Best government schools? Best hospitals? Efficient police force? You get plenty back, stop moaning!

 

[ToxicBunny]

I'm all for an unemployment "grant" BUT it should only last for a set period of time, and if you cannot show that you're actively seeking employment then you get squat.

 

[TonyA]

 

[ettubrute]

Another reason to pack faster...