Topic > ||This essay will discuss and compare the tax policies implemented and proposed by the South African government with those proposed by trade unions. It will focus in particular on policies proposed by the Congress of South African Trade Unions (COSATU) and the South African government. The essay will further analyze the impacts of these policies based on their affordability, impact on economic growth, unemployment and whether they will support economic inclusion. A union is an institution of workers who have worked together to achieve common goals in the workforce and the economy. COSATU's objectives are: to fight for workers' rights through social and economic justice for all employees; understand the economy, how it affects employees, and devise alternative policies on the structure of the economy that benefit all employees; seek fair standards of living, fair working conditions for all workers and social security. (South African Trade Union Congress, 2006) On 24 February 2014, the South African Finance Minister, Pravin Gordhan, delivered his 2014 budget speech, which highlighted that South Africa's economic growth is forecast at 5% per annum. It is also underlined that the government's plan to achieve this objective includes public investment, tax incentives to encourage youth employment, improve the quality of education and further investment in renewable energy and support the adjustment towards a low carbon economy. carbon. After the global economic crisis of 2008/2009 – from which most countries have not yet recovered, including Germany and the United Kingdom, which are South Africa's main trading partners – the economy still remains in recession. So, to count...... half of the document...... 2006. COSATU CONSTITUTION, sl: COSATU.South African Trade Union Congress, 2010. A growth path to full employment, Pretoria: Trade Union Congress South Africans. Kohler, M. et al., 2010. Economy: Global and Southern African Perspectives. 2nd ed. Cape Town: Pearson Education, South Africa.Muller, S., 2013. Mail and Guardian. [Online]Available at: http://mg.co.za/article/2013-11-20-the-uncertain-benefits-and-costs-of-the-youth-employment-incentive[Accessed 14 April 2014 ]. Republic of South Africa, 2013. Quarterly Labor Force Survey, Pretoria: Statistics South Africa.Republic of South Africa, 2014. Budget Speech 2014, Pretoria: National Treasury.Republic of South Africa, 2014. Budget Speech 2014, Pretoria: National Treasury. Republic of South Africa, 2014. Gross Domestic Product: Fourth Quarter 2013, Pretoria: Statistics South Africa.
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