FMF NEWSLETTER 20 February 2019

FMF NEWSLETTER 20 February 2019

ARTICLE of the week
Why the outrage over sugar tax job losses? Or, “we told you so” – MARTIN VAN STADEN The Sunday Tribune reports that as many as 350,000 jobs are at stake in the industries reliant on sugar. Coca-Cola South Africa says it may need to shed up to 1,000 employees. To a greater or lesser extent, the sugar tax that government instituted in April 2018, is fingered as a culprit in this tragedy. Taxes are not helpful. It is time to come to terms with that reality. We cannot tax ourselves into prosperity. South Africa needs economic freedom and a government that respects freedom of choice. The Free Market Foundation (FMF) noted in 2017 that, for a change, trade unions and the FMF were of one mind about something: that the sugar tax posed a threat to the employment of several thousand people across South Africa. We hoped that this alone would be an indication to government – when organised labour and the free market lobby both disagree with a policy – that it must abandon the introduction of the tax. In its usual, unresponsive fashion, government pressed ahead. To read further, please click here.
AD HOC FMF article
The Rule of Law and moving SA forward – MATTHEW SOUTH
Latest FMF event videos (WATCH)
Mark Oppenheimer – How to stop expropriation without compensation
UPCOMING FMF event
Wednesday, 27 February 2019 EVENING EVENT – So that was the budget: what now for South Africa? – Speaker: Dawie Roodt – 17:45 for 18:15 @ FMF – RSVP http://www.freemarketfoundation.com/View-Event?i=204 Wednesday, 6 March 2019 SPECIAL EVENING EVENT – Causes and consequences of Zimbabwe's dire economic predicament – Speaker: David Coltart – 17:45 for 18:15 @ FMF – more info to follow FMF events can be watched LIVE via the FMF’s Facebook page by clicking this link: https://www.facebook.com/FMFSA/ Once on the FMF Facebook page, please scroll down until you find the presentation live streaming. Please note: the video remains available on Facebook after the event (though you will need to scroll down further to find it). OR you can watch it on our YouTube channel – usually uploaded within a day or two: https://www.youtube.com/user/channelfmf
Latest FREE MARKETEERS podcasts
Provincial consolidation, firearm rights, China, and traffic law Political choice vs free speech - Freedom/Inkululeko Creating an entrepreneur-friendly SA with Unathi Kwaza
WORTH reading
Medicare for all would mean quality healthcare for none Our disastrous obsession with equality Why Hong Kong will never be just another Chinese city
FMF in the media
Media Digest & Cuttings JANUARY 2019 for all media coverage
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Publish date: 20 February 2019
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The views expressed in the article are the author’s and are not necessarily shared by the members of the Foundation.

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FMF NEWSLETTER 20 February 2019

Why the outrage over sugar tax job losses? Or, “we told you so” – MARTIN VAN STADEN

The Rule of Law and moving SA forward – MATTHEW SOUTH