Government makes huge Profit from Crime
I came across this interesting article. ALL Credit goes to the orginal Author (unknown).
Example 1
Take just one million home owners in Gauteng who pay for “armed crime reaction” (not crime prevention), where private security companies react AFTER the Crime has taken place-no wonder they make never any arrests! This Service costs on average R 250.00 per month.
Therfore: 1.000000 x R 240.00 x 12 months x 14% VAT, generates R403 million in tax revenue for the Government!
Example 2
A Car Thief steals a R 500.000 car and receives between R 10.000 and R 30.000 for his deed.The Car Owner is paid out by the Insurance Company and then purchases another similar Vehicle on which he pays 14% VAT of approximately R 70.000 as a direct Result of Crime.
Who profited the most? The Car Thief of the Government?
MAKES YOU THINK
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