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There is a position that says more taxes aren’t necessarily a bad thing, as these are ploughed back into the infrastructure spending of a developmental state, which improves the economy. That’s true if it happens that way. Sadly, ours is often wasted through gross inefficiencies in leaky procurement processes that pay three times the price for infrastructure that we don’t often need, while a whole lot is lost to corruption. The result is overspending and less delivery which stimulates the angry taxman to seek more revenue, often through a short-term mindset, by increasing taxes or borrowing more money, both of which can lead the country into a cul-de-sac of reduced prosperity and even that of a failed state. Of course, this depends on how exactly the money is spent and the value for taxes paid, as experienced by citizens.

South africaWayne duvenageOrganisation undoing tax abuseLeasing associationAccident fundBasic fuel priceBrent crudeBasic fuelRoad accident fundRetail marginகுத்தகை சங்கம்எதிர்பாராத நிகழ்ச்சி நிதிஅடிப்படை எரிபொருள் ப்ரைஸ்ப்ரெண்ட் கச்சாஅடிப்படை எரிபொருள்சாலை எதிர்பாராத நிகழ்ச்சி நிதி