Yesterday was budget day here in South Africa. First surplus budget (this probably mean that the income will be more than what the goverment plan to spend).
From first glance it seems to be a very balanced budget. Lot of money going to education which is a good thing and even more needs to be done. Our future in this country depend of good education and we (meaning us and the government) need to do everything to make sure each and every kid in this country gets the best education possible. What I realy would like to see done is that educational expences become tax deductable.
Glad to see that tax on pension funds is abolished. We as ordinary citizens will get a bit of tax relieve. Companies will get some and then obviously some money for the 2010 Soccer World Cup.
Now lets hope that the money that Trevor gave out get to where they suppose to go and not into the pockets of some corrupt government official.
Some links:
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