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IRR warns of tax revolt in wake of budget speech 24 February 2021 - What the budget reveals is the extent to which the government is making South Africans pay through taxation for the consequences of corruption and expropriation policy. The tax-to-GDP ratio is now the highest in South Africa’s history and is causing considerable trauma across households struggling to afford goods and services ranging from their bond payments to their children’s school fees. Despite that burden the deficit is on a par with depths reached on only three previous occasions – the two World Wars and the aftermath of the Rubicon speech in 1985 as the apartheid economy collapsed under the weight of its contradictions.

South africaSouth africansDuwayne esauHermann pretoriusFrans cronjeStrategic communicationsInstitute of race relationsWorld warsRace relationsStrategic initiativesCommunications officerMorris telLeepile telதுவாய்நே ஈஸாஹெர்மன் பிரெத்தோறிூச்மூலோபாய தகவல்தொடர்புகள்