Wednesday, 19 November 2014

Democracy and Taxes

http://today.moneyweb.co.za/article.php?id=793440&cid=2014-11-19#.VGwXy2PDvEJ


Democracy and Taxes

 

It has become standard in the modern world to separate the operations of Government from the people who pay the bills.  This situation is nowhere more evident than in the new South Africa.

It should be an essential understanding of Government that the people who make the laws and those who apply them are the servants of the people.  They are there at the will of the people, and they are paid by the taxpayers.  No matter how the machinations of Government are constructed, the taxpayers and the ordinary citizens are the ones who supply the money to keep them there.  South African Airways, although, supposedly run as a business (although there are no obvious signs of any real understanding of the principles of business in that organisation) is, in the final analysis, an organ of Government, and it will remain so until the Government chooses to divest itself of that millstone.  As long as there is any public investment in the corporation, it must be held to the rigid standards of good governance and transparency that should be applied to any organisation owned by the public.  Eskom is another example of an organisation established and funded by the people, by means of diversion of tax money to support it, by guarantees given by the State to enable it to borrow the funds that it says it needs, and by the payment by citizens and taxpayers for the services it provides.  The SABC and Sanral are yet other examples, and there are many more.  And there are as many examples of incompetence in the performance of their duties to provide the services they are supposed to perform, subterfuge, arrogance towards the public and dishonesty in their operations and their reporting to the public, who are their ultimate owners.

This situation has come about because the politicians have succeeded in their efforts to separate what they do from the decisions of those who pay for it.  The continual harping on the needs of the ‘poorest of the poor’ has succeeded in convincing the electorate, the taxpayers and the recipients of Government largess, that the prime objective of Government is to provide a security blanket for those who cannot provide for themselves or who will not take the steps that are necessary to provide for themselves.  Those good-hearted people, and those who see their best benefit lying in a system that provides for them, albeit poorly, without the necessity for them to do anything for it beyond casting a vote twice in every five years for the party that promises the most, fail to understand that the money must come from somewhere!  The vast bulk of employees do not understand that the money required to pay their salaries and wages does not magically appear in the bank account of the employer every payday.  They do not understand that their efforts on behalf of their employer are what ensures that the money is there to pay their wages.  Government, on the other hand, enjoys the situation that, if it needs money, it can simply take it from the taxpayers.  They do not understand the effort, the risk and the imagination it takes to earn the money that Government simply takes.  However, in the end, if Government fails to provide the conditions in which the taxpayers are able to earn that money, the flow of funds to the Government will simply dry up.  If the Airports Company simply increases the rents and levies payable by the companies operating at the airports, the cost of flying, an important element of the economic life of a country, will become too high to be justified by the benefit to the entrepreneur of those flights.  If the cost of electricity, an important indicator of the health of an economy, is simply pushed up because the State-owned monopoly supplier of electricity is incompetent to do the job, the industries and businesses that use electricity will simply close down.  If the cost of road transport escalates to almost double because the agency responsible to the construction and maintenance of the roads decides that it needs more money (a decision that is neither transparent nor honest, and very questionable in the light of the huge salaries and bonuses paid to senior executives who are manifestly incapable of doing their jobs), the tourist business will slow down, internal transport will ultimately die, and all of the businesses that rely on a good road transport system will fail, either spectacularly or miserably.  If the alternatives to all of these services are eliminated, either by Government edict or by incompetent and short-sighted management of the public-owned organisations that provide them (do not forget that Spoornet put a huge effort into destroying the long-distance rail service that was such an important factor in building the economy of the country in pre-ANC times), the alternative to road transport is severely restricted, and the collapse of the road transport system is facilitated.

Every thinking South African is aware of the rapidly increasing number and scope of the threats to the South African economy.  If they apply their minds, they can see that the country is sliding ever more quickly down the competitiveness slope, that even the basket-case economies in Africa and Asia are progressing more quickly and more sustainably than is South Africa.  Many economists and leaders of business and industry are expressing the view that South Africa is rushing towards the tipping point, beyond which it may not be able to recover without a lengthy period of traumatic economic surgery.  Several of the more realistic of these are already saying that the economy is beyond that point, that even an economically sane and competent new Government will have extreme difficulty in correcting the disasters that the Marxist-Leninist policies of the ANC are building.  Even worse, many of the top leaders in business are withholding comment in public, fearful of the punishment that will be meted out to them by the Party, a group of people who are increasingly adopting the North Korean imperative of unrelenting praise and glorification of the Great Leader, Jacob Zuma, from whom all largesse flows!  Those leaders of business are working quietly in the background to ensure that their businesses are insulated from the economic crash that they discuss in private.

Some economists who should know better, such as Ryk van Niekerk, feel compelled to state that the economy will not collapse, while they point out that the Government headed by Jacob Zuma is the worst Government South Africa has had to endure in over a hundred years.  One cannot help believing that the protestation that ‘things will get better’ stems more from a pious hope than from any understanding of the situation.  It is clear that things will not get better unless the people who pay the bills, the taxpayers, take urgent and effective action to recover control of how their money is spent. 

Thinking democrats, the people who believe that the Government they pay to do the work that they require and authorise must comply with their wishes, must take urgent steps to recover control of the Government from the politicians who see the country as their fiefdom.  They must take meaningful action to make the politicians understand that they are prepared to pay the taxes only if they are satisfied that those taxes are being applied, efficiently and effectively, and, above all, honestly, to achieving the objectives that are needed to ensure that the income that pays those taxes will continue, and will grow.

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