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Thread: Flat tax rates for SA.

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  1. #1
    Silver Member Graeme's Avatar
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    Be careful what you wish for - as far as I am aware there are no deductions for this and that under a flat tax - salary earners pay a flat tax on their salaries and investment income and that's the end of it; no deductions for medical and other expenses. Much the same for businesses. But it is wonderfully easy to assess taxes - great for a country where skills are in short supply.

  2. #2
    Site Caretaker Dave A's Avatar
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    Quote Originally Posted by Graeme View Post
    Be careful what you wish for
    At this point I have no opinion either way. Right now I simply find the concept rather novel.

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