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Tax freedom day in South Africa used to indicate how long it takes to earn annual tax

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25th May, is Tax Freedom Day in South Africa. It is a day marked as a reminder of how long it takes for an individual to raise a year's taxes. This year, it has come five days later than in 2015 and six weeks later than in 1994. The trend is seen as likely to continue as government spending, the deficit and government debt, continues to rise.Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgYFollow us on:Facebook: https://www.facebook.com/cgtnafrica/Twitter: https://twitter.com/cgtnafrica

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Africa News CGTN Africa South Africa Tax Tax Freedom Day government
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