READER LETTER | SA's small tax base cannot be squeezed more

Songezo Zibi, the leader of Rise Mzansi, a new party that was launched at the Constitutional Hill in Johannesburg.
Songezo Zibi, the leader of Rise Mzansi, a new party that was launched at the Constitutional Hill in Johannesburg.
Image: Thapelo Morebudi

Songezo Zibi, we’re not paying a cent more in taxes.

On my way to work, I listened to Zibi of Rise Mzansi outlining his “national growth fund”, which is inspired by former US president Frankin Roosevelt’s "New Deal". As I commuted, I could have sworn it was 2018 again, as President Cyril Ramaphosa sold us his “New Dawn”.

I’m no former editor of the Financial Mail, yet I struggle to see how we’re going to raise R100bn a year for the next three years. That is essentially the police’s budget. Zibi advertises his fund through “short-term taxes” and a “wealth tax on the richest 1%”.

During his tenure in corporate, did he not hear that there are just 7-million taxpayers in SA, that are squeezed more and more after each national budget?

While Zibi moulds himself into Ramaphosa 2.0, as a taxpayer let me tell him this – I’m not paying a dime more in taxes. Your ANC-lite policies definitely won’t see the 2026 elections.

Nomsa Mbhedu, Parktown

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