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#Budget2017: DA disappointed by lack of spending cuts

Politics
Parliament – The Democratic Alliance (DA) on Wednesday said it expected Finance Minister Pravin Gordhan to announce more cuts for government and reprioritise funding to programmes to employ young people in the country.

DA spokesman on finance David Maynier said a comprehensive spending review, which was on the party's wishlist ahead of the Budget being tabled, would have served the young and unemployed.

"This year the government will be spending R14.3 billion on bloated executives and legislatures throughout the country. We think that there is further scope for spending cuts...that is the only way that we believe that we will be able to sufficiently reprioritise expenditure so that we can fund programmes that give hope young people, especially those who do not have jobs or have given up looking for jobs in South Africa," said Maynier.

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DA Finance Spokesman David Maynier File picture: Independent Media
Graphic: Nolo Moima/The Star

The country's largest opposition party said while higher income earners would see increased taxes, all personal income tax earners are impacted by the Budget.

"The truth is that all personal income tax payers are going to be affected because only R4.4 bln would be raised from the new higher tax bracket for taxable income earners of above R1.5 mln. R12.5 bln will be raised from the balance of personal income tax payments through very limited relief on fiscal drag...," said Maynier.

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