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Mediclinic News : WHY IS THE ANC REJECTING TITO MBOWENI’S GREAT IDEAS TO SAVE SA? – JEFFERY

Title

WHY IS THE ANC REJECTING TITO MBOWENI’S GREAT IDEAS TO SAVE SA? – JEFFERY

Date

2019-10-11

Link

why-anc-rejcting-mboweni-ideas

News Description

NHI insert: Mr Mboweni’s call for ‘credible and sustainable fiscal policy’ has also been jettisoned – if only through the National Executive Council's determination to push ahead with the National Health Insurance (NHI) proposal. Health minister Dr Zweli Mkhize has recently suggested that annual tax revenues will have to increase by at least R250bn (the amount of private healthcare spending in the current financial year) when the NHI begins. This sum is more than the entire corporate income tax take (R220bn) in 2017/18, suggesting that substantial tax increases will in time be introduced.
Created at 2019/10/14 10:33 AM by Mediclinic
Last modified at 2019/10/14 10:33 AM by Mediclinic