political parties suggest alternatives to proposed vat increase

Political Parties Suggest Alternatives To Proposed Vat Increase

The Democratic Alliance DA says Finance Minister Enoch Godongwana should follow what it calls a six-point plan it has crafted, a guide in preventing tax increase when tabling the budget.

The party made these sentiments as part of outlining its expectations on the reported reduction of VAT increase .

It is one of the political parties that have been vocal against increase in VAT , saying this is to protect the poor.

DA Member of Parliament Dr Mark Burke, says, Today, the DA outlined a six-point plan to avoid VAT increase and get to the budget that focuses on jobs and growth. We are not convinced that there is this dichotomy between higher taxes and austerity budget that focuses on spending cuts for frontline services. The DA will remain realising our focus on growing the economy through the economic reforms, but also finding inefficiencies within government. Cutting those expenses, amagalmating and burning the departments that make no sense. And, if we are able to do that, we will see this economy firing again and we will not have to burden South Africans to do that.

Rise Mzansi is also against the VAT increase. Party leader Songezo Zibi says he wants Godongwana to ensure that the poor are protected on any possible VAT increases.