Eunomix chief economist Claude de Baissac has warned that South Africa is facing a growth collapse and that the country is too dependent on tax revenue from rich citizens – who are leaving in droves.
South Africa is suffering from high unemployment, slow economic growth, and a flight of skilled, high-net-worth individuals. Wealthy and middle-class South Africans are paying taxes for services like education and healthcare, which they do not receive from the state.
All tax payers should leave. So we can leave the electorate with the thieving politicians who contribute nothing!
They must all be white supremcists fleeing black excellence
I thought they left.
Can you blame them for not wanting to stay in this dump If i ever get a chance i would be gone. Unfortunately I'm stuck in this sht show
'...are still leaving...'
This isnt good for SA. Now, watch as a certain type of South African spews 1. Racial rhetoric 2. Say it's good (although SA is failing) 3. Say we don't need these people or their tax money Cry the beloved country.
Yes, why pay tax and get nothing in return?
But where too? Most 1st world countries are vax mad, the stomping ground for the WEF.
“Is the economy stupid?”, is the term coined by election strategist for Clinton, James Carville in 1992. No country has ever taxed it way to prosperity and stupid economic decisions coupled with corruption, incompetence and instability are a major source of this exodus.
Tax base being eroded not good ….
White has milked SA via Anc now their are leaving the country. Who will suffer the most, is black dependent on white supremis cause by ANC
Nothing new here.
Let them go,new ones will be created...since 1990s they have been leaving and guess what. Caps bay is expanding, umhlanga rocks is expanding, Constantia is expanding, silver lakes is expanding...so what now?
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