Albert vd Linden

Jesus follower. Dad. Student of the dismal science.

[Albert vd Linden @Albert_vdL]

.@cenfri_org #MAPFI found #financialinclusion can be a hardship. Let's be #clientcentric when designing policies.

[Albert vd Linden @Albert_vdL]

@JohannBiermann1 Tried to turn off the children as well..but didn't work

[Albert vd Linden @Albert_vdL]

@Mxmushi97 Correct, our "outfielders" don't wear protective gear for their hands.

[Albert vd Linden @Albert_vdL]

@GovernmentZA Repaying debt

[Albert vd Linden @Albert_vdL]

@wilkinsoncape The state does not grow the economy.

[Albert vd Linden @Albert_vdL]

@JohannBiermann1 I suspect a very low total fatalities number

[Albert vd Linden @Albert_vdL]

@CityofCT @BongeMacupe @DadaMorero @Bertha23206554 ggwp

[Albert vd Linden @Albert_vdL]

@NoContextKeaneo Leaf blowers

[Gareth van Onselen @GvanOnselen]

For those interested, I have completed all maps: national, provincial and metros, and am in the painstaking process of uploading them all. National by municipality all up. Rest coming in next week or two. All available on Election Resources page: https://t.co/9RxnkIuhmk

[Albert vd Linden @Albert_vdL]

@FinanceGhost You are doing great work. Keep it up

[Ryan Coetzee @RyanCoetzee]

The DA has been consistent on VAT since day one, but a victory on VAT without effective growth and spending reforms will be fleeting at best. So, if there is to be a new fiscal framework (is there?!):

1. Will it still be premised on 1.9% growth?

2. If so, will there be above projected borrowing in-year or will both the VAT revenue that’s now off the table plus the shortfall from inevitably lower growth be found from cuts?

3. If not still premised on 1.9% growth then same questions as above.

4. If cuts are the solution, which can be announced now and what’s the in-year target for a spending review?

5. Watch out for any “projected” increases from other revenue sources like PIT etc. Treasury can always make a spreadsheet balance. It’s the real world that’s a little more difficult to control.

6. It would be nice if some journalists in addition to @politicsblahbla (who doubtless will) asked these questions.

[Marius Roodt @MariusCRoodt]

ANC leaders need to look at this chart every morning and think about how they are going to change this country's trajectory. But they won't because they're stuck in the 1960s (those who are ideological) or are only self-interested. Chart from @steve_hanke

[Neil De Beer @DeNedebe1]

ATM, DA, EFF, MK Party, ATM, Freedom Front Plus (FF+) and ACDP, voted against the adoption of the fiscal framework.

ANC, ActionSA, BOSA, Al Jamah-ah, PAC, UAT and GOOD, IFP and PA voted in favour.

[Jacques Maree @JacquesMaree73]

You'd never say, from their public statements, that these people all voted FOR a budget with a VAT increase yesterday.

It's time South African voters started holding politicians accountable for the things they DO and not the things they SAY.

Lying should cost you your job.

[Michael Jordaan @MichaelJordaan]

Really didn’t think the IFP and ActionSA would be party to a VAT increase. Politics…

[Visegrád 24 @visegrad24]

BREAKING:

British Steel announces it will close its two blast furnaces in Scunthorpe, ending all steel production in the UK after more than 150 years.

The country that started the Industrial Revolution will no longer produce steel…

[André (Andile) Bothma @AndreBothmaTax]

2025 budget:
1. Bracket creep in place. No relief on individual taxpayers
2. VAT 0.5% now; 0.5% later. So up to 16% VAT rate expected. No mention of the R 1,000,000 VAT threshold being lifted. 17 years unchanged.
3. No increase in Medical Tax Credits.

This budget stinks.

[John Steenhuisen MP @jsteenhuisen]

Good afternoon, South Africa. The DA will not support the budget in its current form. We will continue to fight for economic growth and jobs. 🇿🇦

[Geordin Hill-Lewis @geordinhl]

Just say the word Mr President @CyrilRamaphosa, and Cape Town will be ready and delighted to host the G20!

We will make sure it does South Africa proud 🇿🇦 🇿🇦

[Mohammed Nalla, CFA @MohammedNalla]

Hey @FinanceGhost here's that @VisualCap chart I was telling you about looking at Defense Spending and how the US Dwarves pretty much everyone else in the Top 10/15.