2 Comments

  1. Avatar magnus heystek on June 12, 2020 at 9:42 am

    Thanks to Prof de Vos.Phone hasnt stopped ringing this morning from people wanting to move their money offshore, out of the grubby hands of the ANC.

  2. Avatar Gavin on June 12, 2020 at 10:32 am

    I think you missed an opportunity – firstly, estates are already taxed with only a limited ability to bequeth wealth to family free of duties and secondly, and more importantly and allied to your point, is that a 100% tax will remove any incentive for individuals to accumulate wealth and in so doing take away private investment into companies/enterprises that create jobs (and also trusts etc)

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