$16B in new taxes; Gov’t also taking $45B from NHT funds

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$16B in new taxes; Gov’t also taking $45B from NHT funds

02-13-2013, 06:59 AM

THE Government yesterday approved revenue measures, including a $16.4-billion tax package and $45 billion in contributions from the National Housing Trust (NHT) over four years, minutes after the Opposition walked out of Parliament in protest against the measures which it described as "massive" and "iniquitous".

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$16B in new taxes; Gov&rsquo;t also taking $45B from NHT funds