Nzimande slams new tax laws

The SACP says it supports Cosatu’s fight against the new tax laws.

SACP General Secretary Blade Nzimande delivered a lecture on late military veteran Mzala Nxumalo on 13 February 2016. Picture: Xolani Koyana/EWN

CAPE TOWN - South African Communist Party (SACP) General Secretary Blade Nzimande has slammed government's new tax laws saying workers cannot be told how to use their own money.

The Tax Administration Laws Amendment Act and the Taxation Laws Amendment Act was signed into law by President Jacob Zuma and has been met with stiff opposition by Congress of South African Trade Unions (Cosatu).

While delivering a memorial lecture on SACP veteran Mzala Nxumalo at the Cape Peninsula University of Technology on Saturday, Nzimande also voiced the party's dissatisfaction with the legislation.

Nzimande told the gathering, the SACP has been in discussion with Cosatu about its opposition to the tax laws and supports its fight.

Nzimande says many workers withdraw their pension funds because of the absence of a comprehensive social wage.

"Many of the workers would take this money and go and buy a house which they can't afford because they didn't have a bond. But fundamentally what gives finance capital the right to decide that it's going to keep workers money as it wishes?"

Nzimande says the organisation is however concerned some workers squander their money and end up depending on government social grants for a living.