Solidarity wealth tax implemented: Schlettwein
Contributed by NAMPA.
WINDHOEK, 14 MAR (NAMPA) – Finance minister Calle Schlettwein said the increased tax rate for high earners and subsequent reduction in that of low earners was the implementation of the awaited solidarity wealth tax.
“That is a solidarity action allowable in a progressive transact and we have amended the solidarity wealth tax. We have implemented it,” Schlettwein said in an interview with Nampa recently.
He tabled the 2018/19 N.dollars 65 billion National Budget in the capital last week when the ...