Ferial Haffajee: How much more pressure can the middle class take before it cracks?

fin24.com

- fin24.com | 2 months ago

This has been the whack of a week for South Africa’s middle-class.

Under the cosh, the SA Revenue Service opened tax filing season with a bang and with a promise to come after taxpayers like Julius Malema goes after Pravin Gordhan. In the same week, electricity, waters and rates tariffs all went up, often in double digits.

South Africa’s middle-class pays the majority of personal income taxes – just over four million individual taxpayers contribute the majority to the fiscus, making South Africa’s one of the most progressive tax systems in the world, but one that is extraordinarily hard on its long-suffering middle-class.

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