submitted 12 months ago by Lthabo1999
- The Congress of South African Trade Unions (COSATU) and non-profit organizations suggested to Parliament that taxing the rich would be a better option than increasing value-added tax (VAT) to avoid harming the poorest consumers and some industries.
- Various groups, including labor unions and tax experts, have urged Parliament to consider their proposals before finalizing the budget, with many rejecting the VAT hike and proposing alternative measures like a general wealth tax and targeting pensions.
- The National Assembly and National Council of Provinces will review all submissions before making a decision on the fiscal framework.
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