Dear friend of the FMF,
Rise to the challenge!
We are pleased to announce that the 2019 FMF R1Million Challenge is now in full swing.
The R1Million Challenge is our annual fundraising initiative now in its 6th year.
Any donation you make to the FMF before 18 January 2020 will have 50% added by our sponsor.
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Thank you to our generous sponsor for making the 2019 FMF R1 Million Challenge possible.
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New or higher taxes won’t work, and could be unconstitutional – MARTIN VAN STADEN and JACQUES JONKER
The trade union federation Cosatu recently called for tax increases, particularly on the wealthy, to arrest South Africa’s economic down spiral. But economist Arthur B Laffer, known for popularising the Laffer curve, shows us that beyond a certain point, tax revenue will decline as tax rates increase. It is curious, then, that with tax collection in South Africa declining, government appears ready to answer Cosatu’s call to raise tax rates and introduce new taxes, among other things to try and pay for the National Health Insurance scheme. A move that will not only backfire, but is also clearly unreasonable and incompatible with the Rule of Law.
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The FMF Board, Directors, consultants and staff wish our members, friends and fans a rejuvenating Festive Season. We look forward in 2020 to working toward a future filled with growth, employment and hope.
Media release Government is intent on destroying private health insurance to pave the way for its NHI scheme
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Media Digest & Cuttings NOVEMBER 2019 for all media coverage
South Africa: Tax Revenues from The Digital Economy
South Africa faces US Trade sanctions over online piracy
Hate speech? Or just mild disapproval speech?
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Publish date: 11 December 2019
The views expressed in the article are the author’s and are not necessarily shared by the members of the Foundation.