Wealth Tax Off the Table Ahead of Budget 2025

As government scrambles to address a growing budget shortfall, Finance Minister Enoch Godongwana has ruled out the implementation of a wealth tax. Speaking in Parliament ahead of his third attempt to pass Budget 2025, Godongwana said South Africa’s wealthy already contribute through various other tax avenues. Speaking on VOC Breakfast, Advocacy Coordinator at the Pietermaritzburg Economic Justice and Dignity Group, Sibusiso Mboto, said the argument for a wealth tax was […]