South Africa is getting a new universal income grant





Page 1 of 2 1 2 LastLast
Results 1 to 20 of 25
  1. #1
    Join Date
    Oct 2007
    Location
    Midvaal
    Age
    45
    Posts
    277
    Thanked: 367

    Default South Africa is getting a new universal income grant

    Just saw this report on the BusinessTech website.

    https://businesstech.co.za/news/fina...-grant-report/

    I've seen similar reports on other news sites over the last couple of weeks, so for the moment, I assume that there is some truth to this. What gets me is that they intend taxing employed people to subsidize up to 60% of this grant. Meaning I will pay more tax so that other people can sit at home doing nothing
    Charl
    Pajero 4 LWB

    The most important thing to do if you find yourself in a hole is to stop digging (Warren Buffet)

    We have become a society that creates, rewards and protects thieves, parasitic, ambitious and greedy thieves with an insatiable lust for money, and an aversion to honest work and creativity. (Anthony Turton)

  2. #2
    Join Date
    Feb 2013
    Location
    Pretoria
    Age
    31
    Posts
    3,014
    Thanked: 378

    Default Re: South Africa is getting a new universal income grant

    *shakes head*
    Didn't we learn anything from social grants?
    When is the next election again?
    It's in pubs where the world's greatest ideas begin.

  3. The Following 4 Users Say Thank You to bigboy529 For This Useful Post:


  4. #3
    Join Date
    Jun 2008
    Location
    Terenure, Kemptonpark
    Age
    46
    Posts
    1,435
    Thanked: 106

    Default Re: South Africa is getting a new universal income grant

    Eish

  5. The Following 7 Users Say Thank You to LouisXander For This Useful Post:


  6. #4
    Join Date
    Nov 2015
    Location
    Edenvale
    Age
    33
    Posts
    773
    Thanked: 988

    Default Re: South Africa is getting a new universal income grant

    I think it's time I start figuring out how to survive on grant money, and no longer have to do effort in order to feed my family.
    2011 Freelander 2 SE
    Swambo : 2012 BMW 530d Msport("the beast")

  7. The Following User Says Thank You to lizardalpha For This Useful Post:


  8. #5
    Join Date
    Aug 2008
    Location
    Rangeview Krugersdorp
    Age
    70
    Posts
    6,493
    Thanked: 1291

    Default Re: South Africa is getting a new universal income grant

    Look after the voting fodder.....
    There is no task too simple for some people to complicate !



    Ford Figo 2016

  9. #6
    Join Date
    Oct 2017
    Location
    Rustenburg
    Age
    50
    Posts
    2,411
    Thanked: 3322

    Default Re: South Africa is getting a new universal income grant

    Quote Originally Posted by bigboy529 View Post
    When is the next election again?
    this is funny
    _______________________________________
    Dum vivimus, vivamus!
    With a mild case of "Camping Personality Disorder" or CPD

    I drive a five cylinder bakkie and tow an army inspired van.

  10. #7
    Join Date
    Nov 2009
    Location
    Edenvale
    Age
    53
    Posts
    1,826
    Thanked: 1266

    Default Re: South Africa is getting a new universal income grant

    Quote Originally Posted by lizardalpha View Post
    I think it's time I start figuring out how to survive on grant money, and no longer have to do effort in order to feed my family.
    I was thinking more along the lines of how to work and pay zero taxes....We need to start a new underground economy, new parallel currency...

    Now, if only that was possible!

  11. The Following 3 Users Say Thank You to NewLandy For This Useful Post:


  12. #8
    Join Date
    Jan 2014
    Location
    Centurion
    Age
    39
    Posts
    470
    Thanked: 116

    Default Re: South Africa is getting a new universal income grant

    I would not be surprised if the qualification for these grants are going to be along the same line as the qualification of the business grants offered during lockdown. We all know only a specific section of the population were helped...
    2018 Ford Everest XLT 3.2 4x4 Auto

    2013 Chevrolet Trailblazer 2.8 LTZ 4x4 MT (SOLD)

    Photography : https://500px.com/c0rn3llman5
    Youtube : https://www.youtube.com/channel/UCX4..._as=subscriber

    My girlfriend asked me to whisper 4 special words into her ear... so I said : "Ons gaan NOU braai!"

  13. #9
    Join Date
    Aug 2007
    Location
    Out of Town
    Age
    53
    Posts
    6,658
    Thanked: 731

    Default Re: South Africa is getting a new universal income grant

    Quote Originally Posted by NewLandy View Post
    I was thinking more along the lines of how to work and pay zero taxes....We need to start a new underground economy, new parallel currency...

    Now, if only that was possible!
    Starts with the WEE movement. But I will rather shutup. Every thread I start commenting on gets locked or deleted by big brother
    David/Hillbilly - 1997 SFA Nissan Sani 2,7 TD - 5" lift on 33" tires - Dual Transfer with 4.1 gears

    http://www.youtube.com/user/davidabcab



  14. The Following 4 Users Say Thank You to bfreesani For This Useful Post:


  15. #10
    Join Date
    Feb 2013
    Location
    Pretoria
    Age
    31
    Posts
    3,014
    Thanked: 378

    Default Re: South Africa is getting a new universal income grant

    Quote Originally Posted by Hedgehog View Post
    this is funny


    What's so funny about it? History has shown that the ANC loves to ramp up their crazy idea talk and promises as elections come closer to try sway the mind of the 50-50 voter.
    It's in pubs where the world's greatest ideas begin.

  16. The Following User Says Thank You to bigboy529 For This Useful Post:


  17. #11
    Join Date
    Jul 2014
    Location
    Pretoria
    Age
    45
    Posts
    1,216
    Thanked: 909

    Default Re: South Africa is getting a new universal income grant

    I am surprised they haven't run out of other people's money yet...
    Ford Ranger 3.0Tdci Super Cab 4x4
    Platkar - Haaihoendaai i20 1.4 SOLD

    Ex'es
    KIA Sorento 2.5 Crdi 4x4 (diesel guzzler of note)
    Nissan Terrano II 2.7
    Mazda Drifter DC 2.5 4x4
    Toyota 60 series 5.7 V8
    Daihatsu Rocky 2.8


  18. #12
    Join Date
    Nov 2015
    Location
    Edenvale
    Age
    33
    Posts
    773
    Thanked: 988

    Default Re: South Africa is getting a new universal income grant

    Quote Originally Posted by WAJ View Post
    I am surprised they haven't run out of other people's money yet...
    When they do, our pensions are still up for grabs isn't it?
    2011 Freelander 2 SE
    Swambo : 2012 BMW 530d Msport("the beast")

  19. #13
    Join Date
    Oct 2007
    Location
    Midvaal
    Age
    45
    Posts
    277
    Thanked: 367

    Default Re: South Africa is getting a new universal income grant

    Quote Originally Posted by lizardalpha View Post
    When they do, our pensions are still up for grabs isn't it?
    And they have their eyes on the pot of gold that the medical aids are sitting on.
    Charl
    Pajero 4 LWB

    The most important thing to do if you find yourself in a hole is to stop digging (Warren Buffet)

    We have become a society that creates, rewards and protects thieves, parasitic, ambitious and greedy thieves with an insatiable lust for money, and an aversion to honest work and creativity. (Anthony Turton)

  20. #14
    Join Date
    Feb 2011
    Location
    Cape Town
    Age
    46
    Posts
    173
    Thanked: 416

    Default Re: South Africa is getting a new universal income grant

    I'm for it on conditions that you need to do community services for. Should not be for free.

  21. The Following 2 Users Say Thank You to HannesS For This Useful Post:


  22. #15
    Join Date
    Oct 2007
    Location
    Midvaal
    Age
    45
    Posts
    277
    Thanked: 367

    Default Re: South Africa is getting a new universal income grant

    Quote Originally Posted by HannesS View Post
    I'm for it on conditions that you need to do community services for. Should not be for free.
    Agree. If they can get the people to contribute something in the sense of labour - start cleaning our rivers & dams, fix the roads and road signs, fix broken water pipes, etc. The list is endless. The question is, will the populace accept these terms?
    Charl
    Pajero 4 LWB

    The most important thing to do if you find yourself in a hole is to stop digging (Warren Buffet)

    We have become a society that creates, rewards and protects thieves, parasitic, ambitious and greedy thieves with an insatiable lust for money, and an aversion to honest work and creativity. (Anthony Turton)

  23. The Following User Says Thank You to Slow Ranger For This Useful Post:


  24. #16
    Join Date
    Jul 2014
    Location
    Pretoria
    Age
    45
    Posts
    1,216
    Thanked: 909

    Default Re: South Africa is getting a new universal income grant

    Quote Originally Posted by lizardalpha View Post
    When they do, our pensions are still up for grabs isn't it?
    I mean in the end.... when all money is gone - aka Zim2.0



    They will have to tread carefully on stealing the pensions, because a panic will see people cashing it in in a flash, and that will surely be chaos.


    I have my eyes glued on this process, make no mistake I will cash my pension in a flash and take the tax knock before I will see it stolen all by the gangstas !
    Ford Ranger 3.0Tdci Super Cab 4x4
    Platkar - Haaihoendaai i20 1.4 SOLD

    Ex'es
    KIA Sorento 2.5 Crdi 4x4 (diesel guzzler of note)
    Nissan Terrano II 2.7
    Mazda Drifter DC 2.5 4x4
    Toyota 60 series 5.7 V8
    Daihatsu Rocky 2.8


  25. #17
    Join Date
    Mar 2008
    Location
    De Wildt
    Age
    57
    Posts
    37,810
    Thanked: 14172

    Default Re: South Africa is getting a new universal income grant

    So you walk into the SASSA office, fill in the form, tick the UNEMPLOYED box and if you aren't on the SARS or UIF database you get money?

    Awesome.

    No loopholes there.

    I'm pretty sure the millions of informal traders that are making money will NEVER abuse the system.
    2012 Jeep Sahara Unlimited 3.6 V6
    Percivamus

  26. #18
    Join Date
    Nov 2015
    Location
    Edenvale
    Age
    33
    Posts
    773
    Thanked: 988

    Default Re: South Africa is getting a new universal income grant

    Quote Originally Posted by jelo View Post
    So you walk into the SASSA office, fill in the form, tick the UNEMPLOYED box and if you aren't on the SARS or UIF database you get money?

    Awesome.

    No loopholes there.

    I'm pretty sure the millions of informal traders that are making money will NEVER abuse the system.
    I only need the grant for about what, 1000 people, like they do with the SASSA cards in any case. That'll let me live extremely comfortable.
    2011 Freelander 2 SE
    Swambo : 2012 BMW 530d Msport("the beast")

  27. The Following User Says Thank You to lizardalpha For This Useful Post:


  28. #19
    Join Date
    Nov 2010
    Location
    Pretoria
    Age
    43
    Posts
    1,645
    Thanked: 228

    Default Re: South Africa is getting a new universal income grant

    With my business being what it is the past couple of months I should apply

  29. The Following User Says Thank You to Wicd For This Useful Post:


  30. #20
    Join Date
    Nov 2015
    Location
    Edenvale
    Age
    33
    Posts
    773
    Thanked: 988

    Default Re: South Africa is getting a new universal income grant

    Quote Originally Posted by WAJ View Post
    I mean in the end.... when all money is gone - aka Zim2.0



    They will have to tread carefully on stealing the pensions, because a panic will see people cashing it in in a flash, and that will surely be chaos.


    I have my eyes glued on this process, make no mistake I will cash my pension in a flash and take the tax knock before I will see it stolen all by the gangstas !
    I do have to ask, how do people envisage cashing out their pensions. I am under the impression you can do it only if one of the following occurs:

    1) You go on pension (only x percentage allowed, rest must be used for buying an RA)
    2) You get retrenched or fired
    3) You quit.
    Last edited by lizardalpha; 2020/07/14 at 02:43 PM.
    2011 Freelander 2 SE
    Swambo : 2012 BMW 530d Msport("the beast")

Page 1 of 2 1 2 LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •