1%TAX HIKE MEANS #SPENDING_MORE.
'Greed was the main illness affecting #South_Africa', #Pravin_Gordhan.
As we are about to face a tough #economic situation in South Africa as a result of a #Tax hike from 14% to 15% announced by the #Treasury, People in government have continue to show no respect to '#Public_Fund' and show greediness.
#Ace_Magashule, former #Free_State Premier and the current ANC secretary general has found himself at a cross road after allegations of #20_million farewell party for him.
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At a time where the country needs fully cooperation, #eradicating corruption and addresses the issue of unnecessary spending by the Government that has been a major set back for almost a decade, one wouldn't have speculated such hefty 20 million party for a government official.
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What does this say about the poor and the privileged? does this mean We who did not have privilege to enter a political environment should remain poor and poor and those that have obtained the position continue to wrongful spend of 'public fund'?. There is no doubt that the the hike of 1% in Tax continue to impose stress to the working class and create class in our country.
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It also mean that ordinary South African will have to raise state revenue after 2018 shortfall of about R50 billion due to corruption,maladminisration, self enrichment, nepotism previous presidency was.
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It just show how 1% to those in Government is nothing, but to the poor is a lot. it means spending more that usual. it seemed a joke to me when the Treasury announced VAT increase. however I started to realize how real it is after Vodacom (cellphone network provider) has sent me a massage that call rate will increase to about R3 per min ( peak) time.
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It's now few hours before the initial #VAT increase start day which is 1st of April 18.
IT'S EITHER YOU #SPEND_MORE_LOSINGMORE OR #SAVE_MORE_SAVING_YOU_HARDLY_EARNED_CASH.
