Eff Hails Court Ruling Suspending Vat Hike As Victory For The Poor

The Economic Freedom Fighters EFF has welcomed the Western Cape High Courts decision to suspend the half a percentage point VAT increase , preventing the tax hike from taking effect on Thursday.
The court issued this ruling on Sunday, also overturning the National Assemblys resolution that adopted the report from the Joint Standing Committee on Finance regarding the Fiscal Framework and Revenue proposals earlier this month.
Briefing the media in Johannesburg, EFF leader Julius Malema says the suspension of the VAT increase is a necessary intervention to prevent further economic suffocation.
This decisive court order vindicates the principled stance the EFF has consistently taken to defend the constitution, the rule of law and the interests of the poor and working class against political expediency and executive overreach. This victory restores parliaments constitutional powers as the legislative authority over the public finances. Re-affirms the supremacy of the law and crucially protects millions of South Africans.
WATCH EFF Leader Julius Malema welcomes suspension of VAT hike