Dear friend of the FMF

This week’s feature article serves as a primer for Tax Freedom Day 2017; what it means, how it is calculated and the implications thereof. Garth Ziestman provides an in-depth look at the facts and figures behind this year’s Tax Freedom Day, as well its history and what the date tells us about the government’s reach into our lives. Garth also supplies a glimpse into what we get from the government in exchange for giving them our hard-earned money.

FEATURE article  

Countdown to Tax Freedom Day 2017 – GARTH ZIETSMAN

When will Tax Freedom Day 2017 fall? Watch this space!

Tax Freedom Day is the day after South Africans have worked enough days in the year to earn as much as they need to pay their taxes. Heads up: Tax Freedom Day 2017 is equal to being the second worst in South African history.

Tax Freedom Day is calculated by dividing general government revenue by GDP for a calendar year, applying this fraction to the number of days in a year, and adding a day.  General government revenues and GDP at market prices were obtained from the Reserve Bank Quarterly.

SAVE the date  

May 24 & 25 2017 Africa Liberty Forum –  A timely conference for supporters of freedom @ 09h00 @ Radisson Blu Hotel Sandton –  RSVP

Tuesday, June 6 ROUNDTABLE – Prof Sadulla Karjiker, Patrick Kilbride , Prof Kelly Chibale and Jetane Charsley  – South Africa's journey to a knowledge economy - progress and challenges @ 07h30 @  Sandton Sun Hotel, cnr Fifth & Alice, SandtonRSVP

Wednesday, June 28 EVENING TALK – Dawie Roodt @ 17h30 @  FMF – more info to follow

You can watch every event LIVE via the FMF’s Facebook page by clicking this link:

WORTH reading  

Minimum benefits review should not be dependent on NHI
#Datafacts campaign fights nationalization of information technology in South Africa
South Africa cripples private health insurance policies

FMF in the media  

Media release ANC Conference must adopt real radical economic transformation – not more of the same paternal statism
Media digest MARCH 2017 for all media coverage

SOCIAL media  

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Follow us on TWITTER for quick updates and news

Watch our YouTube videos on ChannelFMF

Rex van Schalkwyk – Rule of Law 1 of 2 –- What it is not
Rex van Schalkwyk – Rule of Law 2 of 2 – What it is

Mark Oppenheimer – Is the state stoking racial tensions as a diversionary tactic?
Patrick Bracher – Excluding the poor via healthcare demarcation regulations
Terry Markman, Leon Louw & Perry Feldman – Land reform without expropriation

Mike Settas – Healthcare demarcation regulations: Excluding the poor
Michael Settas & Patrick Bracher – Private healthcare on receiving end of toxic drip treatment…
Phumlani U Majozi – Introduction to the Rule of Law
Gareth Cliff – Internet access and free speech
Xola Ntshinga – Did you know telecoms policy is nationalisation and expropriation in disguise?
Xola Ntshinga – Did you know data prices in SA are not as high as #datamustfall asserts?
Xola Ntshinga – Did you know there are more cell phones in SA than people?
Rex van Schalkwyk – From ridicule to prison: Nowhere to hide from the Hate Speech Bill

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All individuals and companies can donate and deduct a maximum of 10% of their taxable incomes to Section 18A approved Public Benefit Organisations. The minimum annual payment we require is R250. All payments of R250 or more will be treated as a donation for which you will receive a Section 18A certificate for SARS.

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