South African Communist Party

Date released: 28 January 2016

Newly promulgated tax laws:

SACP calls for meaningful, consensus-seeking engagement on the newly 
promulgated tax laws, and for comprehensive social security!!

The South African Communist Party (SACP) has noted with concern the statement 
issued yesterday, 28 January 2015 by the Presidency relating to the process 
that was followed on the newly promulgated tax laws. The new tax laws will 
curtail worker's lump sum provident fund withdrawals without comprehensive 
social security and annuitize the remaining balance, two-thirds, based on 
retirement. Unfortunately the statement cannot serve as a substitute for 
meaningful, consensus-seeking engagements with workers on the management and 
investment of their hard-earned wages and savings – provident funds. Serious 
consideration must be given to workers’ plight and demands. 

The government must engage workers in good faith, meaningfully and seek 
consensus with them!!  

Workers need to have a say on how their funds are managed and where they are 
invested. This right must be respected, else the funds will be exploited by 
those sections of finance capital that have gained, or other sections of 
capital that want to exercise, control over the money. 

The SACP reiterates its call on the Social Development Department to play its 
lead role in developing comprehensive social security for the country.

This is an important development intervention. Comprehensive social security 
will go a long way in providing workers with social protection when they lose 
their jobs or retire. It is important for workers to save despite economic 
conditions and meagre wages. This must be buttressed by the intensification of 
the struggle for decent work, including a living wage.  

The SACP reaffirms its support to Cosatu and will join its programme to ensure 
that the problem of the new tax laws is addressed. 

We are urging workers to take the struggle for comprehensive social security in 
earnest, for there will be no other class to represent their interests. 

Issued by the SACP

-- 
__________________________________________
FOR GENERAL ENQUIRIES ON SACP STATEMENTS 
 
CONTACT:
 
ALEX MOHUBETSWANE MASHILO: NATIONAL SPOKESPERSON, HEAD OF COMMUNICATIONS
SKYPE: MASHILOAM
MOBILE: 082 9200 308
OFFICE: 011 339 3621/2
TWITTER: SACP1921
WEBSITE: WWW.SACP.ORG.ZA <http://WWW.SACP.ORG.ZA> 
FACEBOOK PAGE: SOUTH AFRICAN COMMUNIST PARTY
SACP USTREAM TV CHANNEL: http://www.ustream.tv/channel/sacp-tv



-- 
-- 
You are subscribed. This footer can help you.
Please POST your comments to [email protected] or reply to this 
message.
You can visit the group WEB SITE at 
http://groups.google.com/group/yclsa-eom-forum for different delivery options, 
pages, files and membership.
To UNSUBSCRIBE, please email [email protected] . You 
don't have to put anything in the "Subject:" field. You don't have to put 
anything in the message part. All you have to do is to send an e-mail to this 
address (repeat): [email protected] .

--- 
You received this message because you are subscribed to the Google Groups 
"YCLSA Discussion Forum" group.
To unsubscribe from this group and stop receiving emails from it, send an email 
to [email protected].
For more options, visit https://groups.google.com/d/optout.

Reply via email to