Loyiso Langeni
05 August 2015
The Congress of People has
called on government to consider lowering tax revenue following threats of
retrenchments in the mining sector and the ailing economy.
Cope Spokesperson Dennis Bloem
said government can only achieve better revenue intake through higher economic
activity and not by squeezing the life out of the economy.
“We are fundamentally opposed
to heavy taxation, because it will strangle economic growth that is why we
saying government must look urgently to this because the country is going down”
Bloem
Cope said it will not support
the rates money amounts and amendment of revenue laws bill.
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