Graham Downs on Nostr: Yeah. I mean, it's well known that our government is among the most corrupt in the ...
Yeah. I mean, it's well known that our government is among the most corrupt in the world. Maybe giving them more money to waste (as the article puts it) isn't the best idea. Besides (as the article *also* asks), what exactly is "wealth"? And (as the article *also* points out) people in #SouthAfrica earning over R1.8m per year -- which isn't as crazy as it once was for an individual -- already pay about 45% tax, so those people would more than likely have a pretty big issue with being asked to pay more....
https://www.dailymaverick.co.za/article/2024-11-11-government-wastage-the-achilles-heel-of-a-wealth-tax/?utm_source=MastodonAfrica These are all things that I've pondered myself, so I feel somewhat vindicated. :P #WealthTax
Published at
2024-11-12 11:57:47Event JSON
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