Should the wealthy be taxed more? Siz The World debates
Zuko Komisa Image | GCIS Finance Minister Enoch Godongwana has firmly reiterated the government's stance that the current income tax system remains the most effective mechanism for revenue collection from high wealth individuals. Responding to a parliamentary inquiry from MK Party MP Sanele Mwali, Minister Godongwana dismissed the notion of introducing a direct tax on personal fortunes. He staunchly defended South Africa's existing tax framework, highlighting that it already captures […]