The implementation of the Taxation Laws Amendment Act is a declaration of war against the workers by Treasury
COSATU is deeply perturbed and enraged by the intransigence shown by the National Treasury ,with regard to the unilateral implementation of the anti-worker Taxation Laws Amendment Act of 2013 as amended. The National Treasury intend to go ahead with the implementation of the Taxation Laws Amendment Act, of 2013 as amended, regardless of workers rejecting this piece of legislation. This bill is meant to coerce and force workers to save by force. There is no government or department that should be allowed to pass laws that are meant to dictate to citizens and workers, how and when they should spend their hard-earned money
They are doing this in the absence of a Comprehensive Social Security and Retirement reform discussion paper, which government has failed to deliver for more than ten years.
The task team set up by the Management Committee of NEDLAC to engage on this matter is still waiting for Comprehensive Social Security and Retirement Discussion Paper to be tabled in NEDLAC for engagement. But the National Treasury has abandoned these engagements to pursue its planned retirement reforms unilaterally.
Attempts by Parliament’s Standing Committee on Finance to intervene on this very sensitive issue for workers has failed, because Treasury is hell-bent on bulldozing everyone to get what it wants.