National
Busa: Treasury should use fuel levy instead of e-tolls─── 12:09 Fri, 29 Aug 2014
Johannesburg - Business Unity SA says the National Treasury is hypocritical for saying it is not in favour of ring-fencing taxes when it has done so for certain infrastructure projects.
Busa economic policy executive director Kgatlaki Ngoasheng told the advisory panel on e-tolling in Gauteng this morning that ring-fencing of taxes is one way which government can enforce accountability in government agencies.
Ngoasheng said Busa was in favour of funding the Gauteng Freeway Improvement Project through the fuel levy, which involved the ring-fencing of taxes, as opposed to e-tolling.
He said the organisation have been advocating for alternative funding to the e-toll model, largely because the general fuel levy widens the revenue net and guarantees compliance.
The panel, which is holding hearings in Midrand, is focusing on the implications and perceptions of financing the GFIP and e-tolls.
Sapa
