NAPTOSA REITERATES ITS POSITION ON THE 1% VAT INCREASE
With D-day, 1 April 2018, looming for the increase in the VAT rate, NAPTOSA wishes to reiterate its position adopted in its response to the budget speech of the then Minister of Finance, namely that the increase will impact the poor, but also the “missing middle” income group that includes the teachers.
Having had time for an in-depth reflection on the VAT increase debate, the leadership of NAPTOSA supports the calls for the decision to be reversed.
Had it not been for the years of corruption, wastage and ill-conceived policies that have taken South Africa to the brink of the fiscal cliff, a VAT increase could possibly have been palatable to justify improved and expanded services to the citizens of this country. But then again, there would not have been a need for such an increase if billions had not been lost through sheer greed, poor financial management and the bottomless pit called State Owned Enterprises.
Any opposition action by NAPTOSA alone will, however, have little impact, as would be the case with any other individual organization. If collective and cohesive civil action, as espoused by many organisations, however, come to fruition, NAPTOSA leadership will encourage members to support such action. As always, NAPTOSA will be swayed by the views of the majority of its members.