By Khanyisa Tabata
12 September 2011
An outcry is expected about apparent government plans to raise value-added tax to fund the national health insurance scheme.
Chief Director of economic tax analysis and tax policy at the Treasury, Cecil Morden, said at the annual meeting of the Government Employees' Medical Scheme that such a move could be justified on what he described as “efficiency grounds".
An increase in VAT would inflate the prices of food and other products, which would have dire consequences for the poor.
Morden cited Ghana, which uses VAT to pay for its national health insurance scheme.
He has warned that it was important to keep "an appropriate balance" between taxes.
Subscribe to:
Post Comments (Atom)
Western Cape police arrested three of its own for corruption
Western Cape police arrested three of its own, on Monday, after the trio who is based at Nyanga SAPS, allegedly robbed a cash store in Mfule...
.jpeg)
-
A man suspected of killing and raping a number of members of the farm worker community in Philippi on the Cape Flats appears in a Cape Town ...
-
''Human behaviour is the main cause of wildfires.'' These remarks were made by the Western Cape’s Local Government, Environm...
No comments:
Post a Comment