COSATU says any VAT hike will hurt the poor, says govt should focus on wealthy

EWN

Non-profit organizations, labor, and law firms urge Parliament to consider alternatives to VAT increase in the budget. Public hearings on fiscal framework and revenue proposals saw rejections of the 0.5% VAT hike. Suggestions include a wealth tax and shifting the tax burden from the poor to the wealthy. Concerns raised about the long-term implications of a staggered VAT increase over two years.
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