EQUALITY AND PERSONAL INCOME TAX – THE CLASSICAL ECONOMISTS AND THE KATZ COMMISSION

In reforming South Africa's personal income tax system, the Katz Commission relied heavily on equality and the constitution. It did not, however, explain its understanding of the meaning of equality in general or equality of taxation in particular, being content merely to mechanically remove what it perceived to be discriminatory words in the legislation. The meaning of equality of taxation on the other hand, was thoroughly debated by the classical economists. This article explains the classical economists' meaning of equality of taxation and demonstrates that the classical system of equality and that achieved by implementing the Katz Commission's recommendations are vastly different. In particular lower income groups, single income households and families are considerably worse off.     

打造莹润美人

美丽是有深度的，优雅内蕴的女人，当然要拥有深层润泽的肌肤。一款拥有全新触感和超凡功效的面膜已经诞生！丰厚柔滑、美容霜般效果的面膜，迅速为肌肤充分补充胶原蛋白，肌肤变得丰盈柔润、弹性十足，一一淡去岁月印记。 夏天是肌肤最大限度绽放美丽的季节，是阻断“干燥循环”的关键时刻，也是解决修复皮肤循环中出现的水分缺失问题的黄金时机。适度清洁，让肌肤饱饱地吸足养分，增强抵抗能力，夏天要在清洁皮肤的同时，及早预防可能出现的“干燥循环”，让脸部肌肤变得水水嫩嫩，打造一个莹润美人，在阳光下闪出自信的光芒来！