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Cape Argus (Digital)

Cape Argus (Digital)

1 Issue, 2025-03-14

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Budget battle heads to Parliament

Budget battle heads to Parliament
THE Budget battle is far from over as the ANC prepares to pass its proposed Budget in Parliament despite facing fierce opposition from all parties, including its coalition partner, the DA. The DA, the second largest party within the Government of National Unity (GNU), still reeling from its defeat on the proposed Budget, has made it clear that it will not vote with the ANC to pass it. “We were saying there are growth initiatives that if they were done would make it perhaps acceptable for a 0.5 percentage point increase in VAT, but in the absence of those things, how do you expect us to accept a 0.5 percentage point increase when a key part of our election manifesto revolved around no new taxes?” DA leader John Steenhuisen said…
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Cape Argus (Digital) - 1 Issue, 2025-03-14

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