Economic Freedom Fighters (EFF) leader, Julius Malema told hundreds of supporters on Sunday that the only practical way for the country’s citizens to enjoy wealth is through its equal distribution, and in this case, by taxing the rich.
The party said it will introduce a property wealth tax across EFF-governed municipalities to subsidise the poor should it be elected into local government.
Malema outlined the EFF’s 2021 local government manifesto, announcing changes in municipalities if voters were to choose his party on November 1.
“The people with big yards and big houses, we are going to tax them because they are rich. They must subsidise the poor,” he said.
“How do we determine that this person is rich. Dali Mpofu is going to be the first victim of the property wealth tax because he lives around Mandela’s home in Houghton,” said Malema.
“We are going to tax them including myself. I stay in Sandton. I must pay the wealth tax to subside the poor. That is the only practical way to share the wealth of the country.
“The wealth of the country must be shared and the rich must share with the poor and they shall do so through the property wealth tax that the EFF municipality is going to implement,” he said.
Malema went on to say that RDP houses will also be built in affluent suburbs to promote integrated human settlements.
“We can’t have a place for the rich and a place for the poor. We need to bring you together because you belong together,” he said.