Malema rejects VAT hike as GNU parties disagree over issue

Daily Maverick

EFF leader Malema rejects ANC’s proposed 0.75% VAT increase, citing harm to the poor. Instead, he suggests raising corporate taxes and implementing a wealth tax. National Treasury reportedly supports the VAT hike, with ANC considering approaching EFF for a deal. Budget, delayed to 12 March, faces opposition over VAT increase.

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