Posted: Mar 26, 2014 7:31 pm
They already tax the hell out of us, why should we pay tax on the money we've saved from our already taxed income.
I'm a little pissed with our lot too. They've decided that medical insurance (medical aid in this country) is no longer deductible before your income is taxed. In the past, your contribution to your medical scheme was deducted from your gross income, then you were taxed on the net amount. Now they've changed that because they want people to pay into the government health scheme so that they can improve it for people who don't have private insurance. Fine. I can understand that for young people. But what about people who've been paying into the scheme for 50 years without claiming anything near the full amount they've put in every year, and only had two or possibly, three, major charges for surgery? Why should we drop our private insurance in favour of a scheme that will force us to go to government hospitals for treatment, never see the same doctor twice, have to accept that if it's not life-threatening, you don't need the treatment, and if you do have an emergency, be made to wait in long queues to get attention.
Instead of paying millions of rands of taxpayers' money for the president to have alterations to his house, why couldn't that money have gone into funding the government health scheme.
Anyway, my rant. So now, big bloody deal, they reduce the income tax, but tax the gross amount, rather than the net, so this month, our net income was substantially reduced, and we won't be able to claim back the tax on extra money we spend on our medical needs, which are fairly considerable, over and above the insured benefits. Damn robber barons need to be kicked out and replaced with people who live in the real world, and not the world of underground tunnels built into a president's house so he can walk between his different wives' houses with out getting wet in the rain.
I'm going to make sure that the kids, when they sell this house, after we've pegged, know to make sure they don't ask a price that will cause them to have to pay tax on the proceeds of the sale. Thieves and liars, that's what politicians are!
Cicero said: politicians are not born, they are excreted.
I'm a little pissed with our lot too. They've decided that medical insurance (medical aid in this country) is no longer deductible before your income is taxed. In the past, your contribution to your medical scheme was deducted from your gross income, then you were taxed on the net amount. Now they've changed that because they want people to pay into the government health scheme so that they can improve it for people who don't have private insurance. Fine. I can understand that for young people. But what about people who've been paying into the scheme for 50 years without claiming anything near the full amount they've put in every year, and only had two or possibly, three, major charges for surgery? Why should we drop our private insurance in favour of a scheme that will force us to go to government hospitals for treatment, never see the same doctor twice, have to accept that if it's not life-threatening, you don't need the treatment, and if you do have an emergency, be made to wait in long queues to get attention.
Instead of paying millions of rands of taxpayers' money for the president to have alterations to his house, why couldn't that money have gone into funding the government health scheme.
Anyway, my rant. So now, big bloody deal, they reduce the income tax, but tax the gross amount, rather than the net, so this month, our net income was substantially reduced, and we won't be able to claim back the tax on extra money we spend on our medical needs, which are fairly considerable, over and above the insured benefits. Damn robber barons need to be kicked out and replaced with people who live in the real world, and not the world of underground tunnels built into a president's house so he can walk between his different wives' houses with out getting wet in the rain.
I'm going to make sure that the kids, when they sell this house, after we've pegged, know to make sure they don't ask a price that will cause them to have to pay tax on the proceeds of the sale. Thieves and liars, that's what politicians are!
Cicero said: politicians are not born, they are excreted.