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Current Affairs: U-turn on VAT increase
Manage episode 478868438 series 2866084
Aubrey converses with Prof Daniel Meyer, School of Public Management, Governance and Public Policy at UJ, about treasury’s surprise U-turn decision to scrap the proposed VAT increase that had sparked concern across the country. What was meant to be a one percentage point rise over two years is now off the table, with the VAT rate staying at 15%. But with that decision comes a R75 billion revenue hole and plenty of political spin. What does this reversal really mean for South Africa’s fiscal health? Who's footing the bill? And what alternatives lie ahead?
See omnystudio.com/listener for privacy information.
107 episodes
Manage episode 478868438 series 2866084
Aubrey converses with Prof Daniel Meyer, School of Public Management, Governance and Public Policy at UJ, about treasury’s surprise U-turn decision to scrap the proposed VAT increase that had sparked concern across the country. What was meant to be a one percentage point rise over two years is now off the table, with the VAT rate staying at 15%. But with that decision comes a R75 billion revenue hole and plenty of political spin. What does this reversal really mean for South Africa’s fiscal health? Who's footing the bill? And what alternatives lie ahead?
See omnystudio.com/listener for privacy information.
107 episodes
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