FMF NEWSLETTER 18 MAY 2017
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.
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.
May 24 & 25 2017 Africa Liberty Forum – A timely conference for supporters of freedom @ 09h00 @ Radisson Blu Hotel Sandton – RSVP http://www.freemarketfoundation.com/View-Event?i=144
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, Sandton – RSVP http://www.freemarketfoundation.com/View-Event?i=143
Wednesday, June 28 EVENING TALK – Dawie Roodt @ 17h30 @ FMF – more info to follow
LIVE STREAMING IS AVAILABLE FOR ALL EVENTS
You can watch every event LIVE via the FMF’s Facebook page by clicking this link: https://www.facebook.com/FMFSA/
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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
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Publish date: 18 May 2017
The views expressed in the article are the author’s and are not necessarily shared by the members of the Foundation.