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South Africa

South Africa Forum/Politics

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Mbalula: ANC didn't support corporate tax hike in fear of potential job losses

ewn.co.za/2025/0...

submitted about 1 year ago by Lthabo1999

Mbalula: ANC didn't support corporate tax hike in fear of potential job losses

submitted about 1 year ago by Lthabo1999

Mbalula: ANC didn't support corporate tax hike in fear of potential job losses
  • The African National Congress (ANC) does not want to raise corporate taxes because they are worried it could lead to job losses.
  • They believe that increasing value-added tax (VAT) is a better option, and they have added more items that are not taxed to help offset the impact on the poor.
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