EDITORIAL Business must get to grips with high carbon taxes

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

United States News News

But proposed increases should be accompanied by an upfront plan for tax-free allowances

No-one likes paying taxes, and in that sense Treasury acting director-general Ismail Momoniat is right to say that for business to support the carbon tax is like turkeys voting for Christmas.

He also said that organised business lacked leadership and vision in opposing the proposed hike in the tax, which will be increased progressively by at least $1 a year to reach $20 per ton of CO² equivalent by 2026. In the second phase, from 2026, the carbon tax rate will have larger annual increases to reach at least $30 by 2030...If you have already registered or subscribed, please sign in to continue.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

SouthAfricansP1 Business and the end user must reject the globalist NWO and great reset ideology outright. SA does not need this. National interests must take priority.

I stayed at home for several months after I lost my job,I felt really bad at first, but a friend of mine introduced me to this Man I really counted on him because l needed to feed my kids, I just want to appreciate him for integrity. Join him now Austin_Netzley1

Both superpowers wanted to conquer most of the land. And whichever territory they attained they held onto it firmly.MuhammadQasimDreams

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines