FMF NEWSLETTER 22 March 2018

 

FMF NEWSLETTER 22 March 2018    
EDITORIAL  

Dear friend of the FMF

In this week’s feature article, economist Luke Muller explains why more taxes, in the form of increased VAT, fuel levies and the sugar tax, harm the poor and exacerbate inequality between the rich and the poor. Taxes such as these have a greater impact on the poor because they spend more of their income on things such as basic food and transport - the more taxes there are, and the more complex the tax regime, the greater the negative impact on the poor.

FEATURE article  

Taxing people into poverty – LUKE MULLER

Tax has been a part of human history for millennia. There are records of farmers in ancient Egypt giving up a portion of their crops and peasants having to provide some of their labour freely to the Pharaoh. During the following centuries, taxation became commonplace in global societies, yet over time rulers learnt that there were limits to people’s willingness to comply. The French revolution was fueled by a revolt against onerous taxes and the British tax policy towards colonies helped to initiate the American Revolution and the formation of the United States. In 1789, Benjamin Franklin wrote “in this world nothing can be said to be certain, except death and taxes.”

LATEST FMF event video (WATCH)  

Robert Vivian and Leon Louw – FAIS: the harbinger of things to come

UPCOMING FMF events  

Tuesday, 27 March 2018 EVENING EVENT – Leon Louw, Temba Nolutshungu and Eustace Davie Tales from last century: How FMF opposed apartheid @17h45 @ FMF – RSVP http://www.freemarketfoundation.com/View-Event?i=175

Wednesday, 11 April 2018 MEDIA BRIEFING – Wandile Sihlobo Land @11h00 @ FMF – more info to follow

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DIRECTORS' quotes  

WORTH reading  

The land question & the perils of magical thinking
Have progressives won “the culture war?”
3 ways regulation makes health care expensive

WOMEN and progress Fraser Institute  

Decades of economic research have demonstrated that increasing levels of economic freedom benefits everyone, especially women, whose lives are improved markedly in many important way. To learn more about Women and Progress click here

FMF in the media  

Media digest FEBRUARY 2018 for all media coverage

SOCIAL media  

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Watch our YouTube videos on ChannelFMF

Dawie Roodt – The final countdown: How to survive this awful budget
Leon Louw – What is Oxfam's real agenda? It's not pro-poor
Frans Rautenbach – The law trade unions and growth - what role do they play in job creation?
Eustace Davie –  Failure to respect constitutional rights causes mass unemployment
Leon Louw – New law guaranteed to raise price of data and limit internet access
Adrian Saville – Paths to prosperity - lessons for a six pack solution
Leon Louw – South African Airways: The facts behind the fiction

Neil Emerick –  Will South Africa crash and burn?
Garreth Bloor –  Want economic growth? Repeal bad law

Jasson Urbach & Johann Serfontein – NHI pie in the sky
Twin Peaks - how Treasury will cost SA an additional R4,8bn per year
FMF –  A constitution worth fighting for (1996)

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