South Africa's political parties have been in a budget battle over a potential VAT increase for weeks now. Many have proposed alternatives to a VAT increase, including the very controversial suggestion of an increased taxation on the ultra-wealthy in the country.
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0:00 Intro
1:42 The Problem With A VAT Increase
4:23 How Taxes Can Avoid A VAT Increase
5:14 How Progressive Taxes Actually Work
6:45 The Argument For A Wealth Tax In South Africa
9:22 Wealth Taxes Target Assets
12:24 'Wealth Taxes Have Tried And Failed'
13:20 'Wealth Taxes Are Too Costly'
14:54 'Wealth Taxes Scare Off Investment'
18:14 'Aren't There Enough Taxes?'
18:46 What Do You Think?
Attend our tv show by filling out this simple form. We will contact you to confirm:
https://docs.google.com/forms/d/1f3JNOI6Ryuj8vNO8_dB_nI0mDCcC2d9LVcAYpO8Xhi0/viewform?edit_requested=true
Check out 'The Corder Report' on Spotify and Apple Podcasts!
Find us elsewhere:
Tiktok: @dancorder
Twitter: @theissuewith
Instagram: @theissuewithdancorder
Inquiries: theissuewithdancorder@gmail.com
0:00 Intro
1:42 The Problem With A VAT Increase
4:23 How Taxes Can Avoid A VAT Increase
5:14 How Progressive Taxes Actually Work
6:45 The Argument For A Wealth Tax In South Africa
9:22 Wealth Taxes Target Assets
12:24 'Wealth Taxes Have Tried And Failed'
13:20 'Wealth Taxes Are Too Costly'
14:54 'Wealth Taxes Scare Off Investment'
18:14 'Aren't There Enough Taxes?'
18:46 What Do You Think?