Capital gains taxes make no sense & shouldn't exist
I invest my capital. I create the opportunity. I take the risk. I do the work. I take the chances. I accept the losses if things go wrong
So why should the government collect a slice when things go right?
They didn’t take the risk. They didn’t build the business. They just take
Somebody PLEASE explain to me in simple language like I'm in Grade R...
Why should South Africans 🇿🇦 continue to pay taxes to this current government when it's very clear our monies are NOT used to empower our communities?? @sarstax#TaxRevoltSA
Why do politicians even comment on private citizens’ wealth? Where in their mandate does it say that their job is to limit how much money someone can make? It has nothing to do with them. These parasites need to stay in their lane.
Dear South Africa 🇿🇦
The @Our_DA plans on eliminating your medical aid Tax credits to fund free services in PRIVATE hospitals to 'specific groups', rather than simply fixing our Public health care system. Which is already free.
They call it "Health Justice".
https://t.co/w6iKnX3aAG
https://t.co/bFqxXEaYm1
More brilliance from the Alt Afrikaner:
“The Most Progressive and Privileged People in the Room Are Calling You "Privileged"
I've just been watching what I can only describe as the Platonic ideal of a South African panel discussion, which is to say four people who agree entirely with one another taking turns to say so in slightly different accents.
First up, Oom Max Somebody-or-Other, veteran journalist and South Africa's longest-serving disappointed Afrikaner. He's built a career explaining why his own people embarrass him, mostly to foreign audiences who nod sympathetically and buy hardcovers. He hasn't queued at Home Affairs since the Botha administration, his last township visit was a guided tour with a Danish film crew, and he considers your concerns about crime "coded language." For what, exactly, he won't say. He just raises an eyebrow. Very effective. He learned it from London editors.
He did a documentary on Orania once. Found it "chilling." The residents offered him coffee. He declined. Can't humanise them. The Guardian wouldn't like it.
Next, a woman calling in from what appears to be a panic room in Sandton, though she assures us it's just a study. Lovely bookshelves. Charming artwork. Electric fencing just out of frame. She'd like us to know that crime is "really not that bad if you're sensible," which is a fascinating position to take whilst sitting behind three metres of concrete, two armed response subscriptions, and a husband who sleeps with a Glock under his pillow like some sort of Highveld Wyatt Earp.
Her domestic worker, I learn, takes three taxis to get home to Diepsloot every evening, but I suppose that's not really germane to the discussion about whether South Africa is safe. Different conversation entirely. Separate issues.
Then there's the chap from London. Left in the early 2000s. Comes back every year or two for a funeral or a wedding, stays in Camps Bay, eats at Kloof Street House, gets a bit misty about the mountain, posts something on LinkedIn about "the Rainbow Nation's ongoing journey." His most recent brush with loadshedding occurred when the hotel generator kicked in during breakfast and briefly interrupted the omelette station. Traumatic, I'm sure. He's been processing it ever since.
He's got opinions, though. Lots of opinions. He thinks people who complain about South Africa are "playing into a narrative." He doesn't specify whose narrative, or what it's narrating, but he says it with tremendous confidence, which I suppose is the main thing when you're speaking from a flat in Hampstead.
And finally, my personal favourite: the NGO director calling in from the V&A Waterfront. Lanyard still on. MacBook glowing. Salary paid in euros by a foundation whose name contains at least three abstract nouns. She's here to explain that my concerns about employment are "valid but perhaps lack nuance." The nuance, it turns out, is that I should have more empathy for the people who got the job I was told I couldn't have because of the colour of my skin. She learned this at a conference in Geneva. There was a panel. Canapés. A communiqué was issued.
She also thinks Orania is "deeply troubling," except she lives in Sea Point, which is essentially the same thing but with better coffee and a Woolworths. The difference, I gather, is intention. Her enclave is aspirational. Theirs is ideological according to her. It's all very complex. You'd need a lanyard to understand.
Combined exposure to consequences: none.
Combined opinions: endless.
Combined time spent in a Home Affairs queue: I'm going to estimate forty-five seconds, and that was only because someone's driver double-parked and they had to fetch their own passport from the counter.
But please. Do go on. Tell us more about my country.
From your privileged progressive position.”
These people crying for Elon Musk's wealth to end world hunger are honestly not serious.
Elon literally called their bluff years ago. He offered to sell Tesla stock on the spot, provided they presented an open source plan of how the money would be distributed.
Up to today, there is still silence. No plan. Nothing. Because hunger isn't a cash issue. It is a broken infrastructure issue. It is a warzone issue. It is a corrupt government issue.
You cannot just wire billions to a failed state and expect food to appear.
They don't want solutions. They just want to look good by attacking a billionaire. It is pure virtue signaling, it is lazy, and it changes absolutely nothing.
A policy that promises to lift people up has done the exact opposite.
Millions of ordinary black South Africans are trapped in deep poverty. The official unemployment rate sits at a devastating 32.7%, with youth unemployment passing 60%.
Instead of broad economic growth, B-BBEE became a tool for Blatant Elite Enrichment. It leaves the masses behind while rewarding a tiny circle of politically connected insiders.
B-BBEE is not progressive, it is extortive. It forces businesses to score points on a government metric rather than focusing on quality and innovation. It acts as a massive tax on productivity.
When companies must hire based on compliance instead of raw merit, systems break down. True empowerment comes from building skills, not from manipulation.
No serious investor wants to build a business where the government dictates ownership by force. Investors want safety, predictability, and efficiency.
When the rules force companies to subsidise political patronage networks, investors simply take their money elsewhere. This leaves the economy with low production, fewer factories, and fewer jobs.
A country cannot thrive when political looters use state tenders as a personal bank account. When the rulebook prioritises political loyalty over competence, infrastructure collapses.
The ultimate scam of race economics is that it uses historical pain to hide modern corruption.
True economic victory belongs to systems that reward production, merit, and free-market competition.
https://t.co/VF6hQhHqmE
Elon Musk's statement that Africa's poverty is not rooted in colonialism is a harsh but necessary economic truth.
Clinging to centuries-old colonial grievances has become a bankrupt strategy used by modern ruling elites to excuse their own policy failures and institutional decay.
Ethiopia avoided colonial rule, yet it stagnated for decades. Vietnam endured brutal French colonization and war, yet it is now a booming economic power.
If colonialism were the sole determinant of wealth, Ethiopia would be rich and Vietnam would be broke.
The core issue is present governance, not past extraction. Former colonies like Singapore grew because they protected property rights and enforced the rule of law.
Africa remains trapped because leadership prioritizes elite survival over economic productivity.
For all Dutch people who think Germans invented #concentrationcamps,
watch this video about South-Africa.
The British did it, along with #ScorchedEarth policy, in 1899.
Just when you think Claire Fox couldn’t be more brilliant … she is. Here’s Claire on Alien Culture.
“We do not think for example that stoning women for adultery is modern, that it’s just a cultural practice, what’s wrong with that? We do not think that child marriage is an interesting cultural expression. We have to say that’s a backward medieval thing. So ‘Alien culture’ was well chosen, it’s importing Alien culture”
Exactly what we were all thinking🔥
Hey Jasmine…
Black pilot here.
I think you missed the plot.
Then again, that’s becoming a pattern.
I graduated from West Point.
I went through Army flight school.
I learned to fly the AH-64 Apache.
I deployed to combat and flew 55 combat missions over Baghdad.
Nobody handed me a cockpit because of my skin color.
Nobody lowered the standards for me.
Nobody looked at me and said, “Let’s check a diversity box.”
That’s what people like you don’t seem to understand.
Suggesting that Black pilots, Black engineers, Black doctors, or Black leaders need special preferences to succeed is not empowering, it’s insulting.
I didn’t want a different standard.
I wanted the same standard.
And when you’re flying into combat, the American people don’t care what race the pilot is.
They care whether the pilot is qualified.
Merit isn’t racist.
Excellence isn’t discriminatory.
And reducing every achievement to skin color says far more about your worldview than it does about mine.
Unfortunately, Mr. President, we, as South Africans, have decided that a person of your caliber cannot address us anymore. You are a thug who saw nothing wrong in hiding foreign money inside sofas. There is no politician, including that fool from the EFF, who will address the masses from now on. This country belongs to us. Thank you for your attention on this matter.
From CRIME HATER
Today 9 years ago. I downloaded X for the first time. I immediately realized it was a woke cesspool with no real point and uninstalled it.
Only to re-download it again 2 years ago, after @elonmusk fixed it and made my very first post & To date I've made over 50 thousand.
I'm excited to share that I'm currently backing an incredible campaign on BackaBuddy. Join me in making a difference by following this link! https://t.co/fJaRbohZmn
“We don't have to all agree, we don't have to be friends we don't have to like each other but we all have a responsibility to serve the interest of South Africas so this country doesn't need heroes but it needs principled people” General Nhlanhla Mkhwanazi
“if South Africa is serious about the national reset then the reset must include all of us. it must start with politicians, they drive fancy cars these days they live like business people” General Nhlanhla Mkhwanazi