We are only talking about the tax for hired labor. In the case of this tax, there is no question of the benefits of capital accumulation, seized supposedly wealth because the taxation of companies and capital is lower than the taxation of labor. If someone has such profits, he takes them out of companies through CIT, not PIT with a rate of about 40%. Normal, ordinary gray salaried workers. Interestingly, the share of whites in the South African population has fallen more than their share of PIT revenues. That is to say, whites having half the former share of the population, have almost the same share of PIT paid as they did then. In general, the statistics look exactly like in any place on earth: blacks generate losses for the budget. They use welfare more often, and pay less to the budget than any other group of people.
Comments
Be the first to comment!