South Africa’s New White Tax

Everything leftists like requires a euphemism. Foreign invaders are “undocumented immigrants.” Sex-change procedures are “gender-affirming care.” Killing inconvenient babies is “reproductive healthcare.” South Africa’s impending tax on being Caucasian is a “transformation fund.”

Newsday quotes President Cyril Ramaphosa:

“The government will set up a transformation fund worth R20 billion a year over the next five years to fund black-owned and small business enterprises.”

For wealth to be handed to people for being black, first it must be confiscated from the whites who created it.

The President said the government will continue to use all available policy levers to deconcentrate ownership.

Deconcentration of ownership. Now there’s a blue ribbon euphemism for looting.

Sakeliga is a nonprofit business organization whose mission is to “restore economic order.” Its chief economist Russell Lamberti comments on the transformation fund, which he calls a “white tax”:

“Beyond the ethical issue, it still represents a considerable cost. This cost can easily be ratcheted higher at the government’s discretion.”

You can bet it will be, until the last penny has been either stolen and wasted or driven out of the country.

The greed is compounded by race-based malice:

“One of the mechanisms the government has used for decades is race-targeted restrictions on economic activity, primarily targeted against white people,” [Lamberti] said.

“There is a regulatory onslaught and a desire to restrict economic participation on the basis of race.”

Those in charge aren’t bright enough to worry about whose money will fill their slush fund after whites have been prevented from generating wealth.

When mass immigration and the welfare state have allowed Democrats to achieve their Holy Grail of minority status for whites in the USA, similar policies will soon follow.

On a tip from R F.

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