Cape Town – “Forget about black and white. South Africa has a progressive tax system and you need to pay your fair share,” said Finance Minister Pravin Gordhan on Thursday.
Gordhan was speaking on SABC’s breakfast programme Morning Live after delivering his 2017 Budget Speech in the National Assembly on Wednesday.
SABC Morning Live presenter Leanne Manas asked Gordhan to comment on criticism about government’s decision to institute a top tax bracket whereby individuals who earn more than R1.5m would be taxed at a rate of 45%. Gordhan said this is what distribution is about.