Massive tax increases to fund NHI – destroying South Africa’s economy 

Funding the government’s National Health Insurance (NHI) scheme would require a 31% increase in personal income tax, or a 6.5% increase in VAT, or a ten times increase in payroll tax, threatening South Africa’s entire economy.  President Cyril Ramaphosa signed the NHI Bill into law on Wednesday, 15 May, ahead of the country’s national elections…...