The highest personal income tax bracket in South Africa stands at 45%. This means that the biggest individual contributors to our economy lose almost half of their earnings to tax in a country where corruption is rampant. This disincentivises the payment of tax in a country where the tax burden is also carried by the #middleclass because of the high rate of unemployment. #Foodforthought for #Mzansi. #Taxes #NationalTreasurySA | Change.org
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