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Tax 'capitulation' shows ANC serves self first - DA

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Cape Town - At a time when South Africa needs policy certainty, the African National Congress (ANC) has put its interests ahead of the country by postponing the tax law changes, the Democratic Alliance (DA) said on Thursday.

The DA believes the ANC capitulated to the Congress of SA Trade Unions (Cosatu), who had raised serious opposition to the bill and threatened to pull their support of the ANC during the elections.

The ANC “have chosen to bend to Cosatu’s will at the expense of much needed policy certainty at a time when our economy is projected to grow at an anaemic 0.5%,” said Alf Lees, DA’s shadow deputy minister of finance in Parliament.

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