BUSINESS

South Africa Tax Attack

TAGs: Sin Tax

nofunSouth Africa is planning on implementing a Sin Tax which targets all of the vices that people love so much. The so called Sin Tax, would see gambling profits taxed, cigarettes prices will go up by 16%, spirits alcohol will have a 8.9% increase in price, and wine will see a significant increase in price due to tax as well. Only traditional African beer would see the most moderate increase in price. So, no booze, no smokes, no gambling, no fun. What’s next? Are they going to start taxing you everytime you get a little trim? You can’t tax trim…can you? Read more.

Comments

views and opinions expressed are those of the author and do not necessarily reflect those of CalvinAyre.com

Related Posts

    Sorry, no posts matched your criteria.