Substantial debit member's loan account

[Blurock]

There are some legal ways to reduce tax; keep a log book so you can deduct your business travel, avoid using toll roads, don't smoke or drink beer (ad valorem tax), buy only basic foods which are zero rated for vat.... (I am sure the Forum members will be more creative on this one)

According to research, only 1.5 million South Africans pay 84% of all tax in SA.
Adding the next income group, earning between R150k - R200k per month, the figure is 2.3 million paying 93% of all tax.
Add the next tier and you get 3.3 million people paying 99% of all tax in this country.
The remaining 1% tax is paid by 1.3 million low income earners.

Of the 10.3 million registered tax payers, only 4.8 million have to submit tax returns as the rest are below the threshold.

What I want to know is; how is this sustainable? How can 3.3 million people carry a population of 54 million, maybe adding another 6-8 million illegal immigrants who are also demanding housing, services and social grants?

Our monkeypalities can not cope with the burden as they often have to make adjustments to their budgets to help fund the world cup, the Africa cup of nations, the parties of the ruling party (emphasis on party) as well as their own functions.

When we object to the waste and corruption, we are told that we are unpatriotic and to f@ck off overseas.
If we do, who will pay the taxes?

[Justloadit]

What you are forgetting is that there is the VAT component in the majority of items sold daily, 14% to be exact. Some one pays this full 14%, and it is usually the last person buying the goods.

If it was not for this VAT portion, there is no ways that the current system would have been able to sustain this system. So effectively, the low income earners, the ones supposedly below the threshold are the ones paying the tax through the VAT portion.

[Blurock]

What you are forgetting is that there is the VAT component in the majority of items sold daily, 14% to be exact. Some one pays this full 14%, and it is usually the last person buying the goods.

If it was not for this VAT portion, there is no ways that the current system would have been able to sustain this system. So effectively, the low income earners, the ones supposedly below the threshold are the ones paying the tax through the VAT portion.

And that's all they pay, plus the sin tax on beer and cigarettes. They get it all back in free housing, free electricity, free water, subsidies and grants.

[Dave A]

When we object to the waste and corruption, we are told that we are unpatriotic and to f@ck off overseas.
If we do, who will pay the taxes?

The theoretical assumption behind that argument is that when that person leaves, someone will fill the space they've vacated. In reality part, and at times all, of that person's value add is lost to the country forever. And of course their capital value is lost forever regardless...

You know that old adage - "it's easier to keep an existing customer than get a new one" - I think there's a similar principle that applies to skills flight too that our government should bear in mind when it comes up with these trite responses.

[Blurock]

You know that old adage - "it's easier to keep an existing customer than get a new one" - I think there's a similar principle that applies to skills flight too that our government should bear in mind when it comes up with these trite responses.

After they have killed and eaten the Golden Goose, will they change to horse meat?

[Justloadit]

After they have killed and eaten the Golden Goose, will they change to horse meat?

No sorry, horse meat will be banned. No Goose, no horse, now what