No matter the label, SA has little tolerance for tax hikes :

No matter the label, SA has little tolerance for tax hikes


MONEYWEB
No matter the label, SA has little tolerance for tax hikes
Plugging the leaks would be better than resorting to a wealth tax, vaccination tax, solidarity tax, or general tax increase.
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Between a rock and a hard place – Finance Minister Tito Mboweni. Image: Moneyweb
The South African economy and certainly the tax-paying community have little tolerance for further tax increases. Government acknowledged this much during the mini-budget in October last year.
Finance Minister Tito Mboweni and his team are burning the midnight oil to find solutions to keep the debt wolf at bay and to find money to keep SA Inc’s doors open. He will be delivering the 2021 budget later this month.

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