By GUNDO MUNYAI
*COMRADE I HAVE reached a point in life were I interrogate anything and everything which my mind can comprehend and find no sense regardless how legal it may sound or seem. You see there is no law and any framework policy that will be passed without no agenda to suit a certain class in our society. My worry is that majority of my fellow educated chaps don’t even dare to do that because its a policy or a constitution and they have to be guided by such writing with purpose documents.
People must know that the very same constitution which is highly regarded as the supreme document wasn’t drafted by black people, all along I thought they drafted it and the truth is they have adopted it and the question must be who wrote it? With what kind of intentions, To benefit which class of our society? All this IFRS, GAAP, Economic Policies, Tax Law frameworks, Education Policy and all different laws and policies which has been adopted who wrote them? Why don’t we even have any idea or guts to question their motives?
Just because we found them and those who came before us they didn’t question does that translate for us not to question this documents? On Saturday during our Black Caucus Land Dialogue I have raised something that I have noticed majority never let their thoughts to swim in such a deep untold truth of the agenda behind the drafting of this policies and documents especially in regard with Tax system which is said to be global tax system that micromanages our global tax affairs.
Look at this way, the other instance which doesn’t make any sense is this one. How many companies are we having in this country which is not from this country? Companies which came to this country just to do businesses? Actually, more than 90% of companies in this country are not from this country. You want to tell me whoever came up with the residential tax system didn’t know what he was doing? The residential tax system says whichever company that it is doing business in your country and that comes from a foreign country must pay tax to the country of its origin not where it’s doing the businesses. How many companies those are doing businesses here but don’t pay income tax here? Europeans understood very well that Africa is the place of honey and must have a better mechanism to make sure they loot as possible and in large numbers. Some looting they felt it must be a legalized looting and as their education was structured in such a way of normalising their looting to be legalized. You put it in the syllabuses or on the courses they will take it as its normal and that’s how the education system is also playing with our minds at some point.
If I am saying 90% of companies which are doing businesses in this country are not from this country then it simply means there is more than the fiscals of this country that it is leaving our shores through her same tax system, residential tax system or worldwide taxation. This is the very same money which could be used to fund the free decolonized quality education for our own students. That’s why I don’t get excited when I hear about investors because all I know is that they are here to enrich their country’s revenue authorities by doing business here and then whatever they left with they send it back to their own revenue authorities. Why our own government is not imposing the rules that whoever doing business in our country pays the full tax rate taxed to his company pays to our revenue authority SARS in full? I mean how on the earth one will find nothing wrong to have companies doing business here and leave with what they have made in disguise of the tax system?
I mean imagine if all these companies were from SA it simply means our government was going to collect more of tax because there is no exception by any law or tax framework policy that will be preventing any company not to pay here in our own SARS. The money that this company pays to their revenue authorities is above R3.8Trillion to their own revenue authorities from their country of origin, this is triple our fiscals…I have said what these companies are taking out of this country is more than what our own SARS collects on behalf of the government by three times…the budget of this country triple times is leaving the shore of this country and no scholars seem to understand these very simple principle comrades…I am now starting to have a very serious problem with our education system if such doesn’t come to your mind just to ask yourself why things have to be the way they are now especially in Africa. How many companies we have from Africa that can say they are going to do business in Europe? Exactly my point…