"VAT is a regressive tax" says former Chair of the Katz Commission on tax

VAT is the last thing we should be raising says Minister Pravin Gordhan - and leading tax expert and chair of the 1990s Tax Commission Michael Katz vehemently agrees

Here's why.

Vat is a very regressive tax. It is a consumption tax and it bites hardest at the poor

Michael Katz, Edward Nathan Sonnenberg

It is in my view morally inappropriate to do so, particularly at a time when interest rates are increasing, food prices are increasing and the burden of the economy is increasing.

Michael Katz, Edward Nathan Sonnenberg

Listen as Michael Katz explains why such a move would adversely impact on much needed economic growth.

Read More
McKinsey ‘apology’ is full of platitudes – Corruption Watch

McKinsey ‘apology’ is full of platitudes – Corruption Watch

The Money Show’s Bruce Whitfield interviews Corruption Watch Executive Director David Lewis.

30 million SA ID numbers/sensitive info exposed in largest data breach ever

30 million SA ID numbers/sensitive info exposed in largest data breach ever

In other words; you’re probably a victim. The Money Show’s Bruce Whitfield interviews Stuff magazine’s Toby Shapshak.

Tax Ombud fights Sars on your behalf (send a complaint, it's free)

Tax Ombud fights Sars on your behalf (send a complaint, it's free)

Bruce Whitfield interviews Tax Ombud Judge Bernard Ngoepe.

12 Cabinet reshuffles (every 8.5 months, on average). Here's a breakdown...

12 Cabinet reshuffles (every 8.5 months, on average). Here's a breakdown...

Every day JZ’s re-shufflin'! The longest lasting Cabinet? 18 months! Political analyst Gareth van Onselen breaks it down.

SA’s public finances recovered spectacularly after ’94. We’re back on the brink…

SA’s public finances recovered spectacularly after ’94. We’re back on the brink…

Financial Mail's Claire Bisseker discusses her book “On the Brink: South Africa’s Political and Fiscal Cliff-Hanger”.

Hassen Adams (he brought Burger King and Dunkin’ Donuts to SA) talks money

Hassen Adams (he brought Burger King and Dunkin’ Donuts to SA) talks money

The Money Show’s Bruce Whitfield interviews Adams about his attitude to money (hopes and fears, successes and failures, etc.).

Popular articles
LISTEN: Gerrie Nel on why he's persuing prosecution against Duduzane Zuma

LISTEN: Gerrie Nel on why he's persuing prosecution against Duduzane Zuma

AfriForum will prosecute Duduzane Zuma after NPA declined to do so in 2015 following a 2014 accident where a woman died.

How we invented the modern concept of sleep

How we invented the modern concept of sleep

Dr Bodhisattva Kar reveals how industrial capitalism influenced the world's current sleep patterns.

Hassen Adams (he brought Burger King and Dunkin’ Donuts to SA) talks money

Hassen Adams (he brought Burger King and Dunkin’ Donuts to SA) talks money

The Money Show’s Bruce Whitfield interviews Adams about his attitude to money (hopes and fears, successes and failures, etc.).

Kloof Street residents living in fear as crime multiplies

Kloof Street residents living in fear as crime multiplies

A Cape Town man was stabbed to death on Saturday while trying to assist two women who were being mugged on Kloof street.

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.