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South Africa's Unknown Regressive Tax
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South Africa's Unknown Regressive Tax
Photo by Jon Tyson on UnsplashWritten by: Econ BroAccording to reports from the South African Revenue Service (SARS), SA has a progressive tax system. This means that the more people make, the more they are taxed.The following table shows the various tax brackets, ranging from 18% to a monstrous 45%.In SA, the more you earn, the more the government takes from you. There are many who argue that this is fair, that those who make more money should …
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