FMF NEWSLETTER 27 February 2019

FMF NEWSLETTER 27 February 2019   
ARTICLE of the week  

Government stealth tax to fund ailing Eskom MPIYAKHE DHLAMINI

Officially, for the 2019/20 financial year, government will not be increasing income taxes. The only taxes set to increase are the indirect taxes: fuel levies, excise duties on alcohol and cigarettes, and the new carbon tax coming into effect on 1 June 2019. With these increases government estimates that it will raise an additional R1.2 billion.

Yet, government’s plan is to raise an additional R15 billion in the coming financial year, mostly to fund the R23 billion a year set to be handed over to Eskom over the next three years. So where will the other R13.8 billion in planned increases come from?

To read further, please click here.


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 

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 RSVP

FMF events can be watched LIVE via the FMF’s Facebook page by clicking this link:

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: 
Latest FREE MARKETEERS podcasts  

Stealth taxes, privatisation, and the Rule of Law

Breaking down Budget 2019

Justice demands respect for firearm rights in South Africa

WORTH reading  

For the few, not the many: Meet the real beneficiaries of Venezuelan socialism

Why Bastiat deserves to be in the pantheon of great economic theorists

Should entrepreneurs really have to justify their creations to government?

FMF in the media  

Media release Mboweni: invest in loss-making SAA or in taxis and trains for working people?
Media release 2019 Budget is “budget as usual” – except for the calamitous debt
Media Digest & Cuttings JANUARY 2019 for all media coverage



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