{"id":1871,"date":"2026-02-07T08:20:00","date_gmt":"2026-02-07T08:20:00","guid":{"rendered":"https:\/\/tecazw.org\/?p=1871"},"modified":"2026-03-07T08:26:20","modified_gmt":"2026-03-07T08:26:20","slug":"tax-cuts-crucial-forzimbabwe","status":"publish","type":"post","link":"https:\/\/tecazw.org\/?p=1871","title":{"rendered":"Tax cuts crucial forZimbabwe"},"content":{"rendered":"\n<p>The Zimbabwe Taxpayer\u2019s Platform (ZITAP) notes the current celebration of stability of<br>the economy as evidenced by a single-digit in ation rate of 4.1% for the month of<br>January 2026.<\/p>\n\n\n\n<p><br>The Reserve Bank of Zimbabwe\u2019s deputy Governor, Dr Matshe, however, urges caution<br>that we must only begin to celebrate if we notice a sustained trend of this stability.<br>We agree with this caution, and, in fact, call for more policy actions in order to maintain<br>momentum towards a prosperous society.<\/p>\n\n\n\n<p><br>The Minister of Finance must put more efforts in cutting taxes, both personal and<br>corporate, especially in institutions that are manufacturing locally such that we boost<br>employment and incomes.<\/p>\n\n\n\n<p><br>Secondly, the government must also adjust its expenditure and leave more economic<br>space for the private sector. The current obtuse government, even spending more than<br>it is collecting remains a big risk to stability and growth.<\/p>\n\n\n\n<p><br>As things stand, with Zimbabwe having a public debt of $21billion USD, much of which is<br>already due, ZITAP urges the Minister of Finance to whittle the state and improve<br>ef ciencies in public nance management. We make the case that, an ef cient public<br>administration, a functional parliament, the Auditor General (AG), and the Procurement<br>and Regulatory Agency of Zimbabwe (PRAZ)- the pressure for a bloated scus can go<br>away.<\/p>\n\n\n\n<p><br>Sustained stability is not just a function of monetary policy, but the scal policy as well.<br>Taxing a monthly wage of $100USD erodes incomes and postpones aggregate demand,<br>and ultimately, slows down growth both in the short and long term.<br>As advocates of liberty and freedom, we posit that the best economic decisions are<br>made by individuals and corporates, the sum of which builds a picture of a free,<br>prosperous society.<\/p>\n\n\n\n<p><br>Taxes must fall for Zimbabwe to prosper!<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Zimbabwe Taxpayer\u2019s Platform (ZITAP) notes the current celebration of stability ofthe economy as evidenced by a single-digit in ation rate of 4.1% for the month ofJanuary 2026. The Reserve Bank of Zimbabwe\u2019s deputy Governor, Dr Matshe, however, urges cautionthat we must only begin to celebrate if we notice a sustained trend of this stability.We [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1875,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[7],"tags":[],"class_list":["post-1871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-zitap"],"_links":{"self":[{"href":"https:\/\/tecazw.org\/index.php?rest_route=\/wp\/v2\/posts\/1871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tecazw.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tecazw.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tecazw.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tecazw.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1871"}],"version-history":[{"count":1,"href":"https:\/\/tecazw.org\/index.php?rest_route=\/wp\/v2\/posts\/1871\/revisions"}],"predecessor-version":[{"id":1873,"href":"https:\/\/tecazw.org\/index.php?rest_route=\/wp\/v2\/posts\/1871\/revisions\/1873"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tecazw.org\/index.php?rest_route=\/wp\/v2\/media\/1875"}],"wp:attachment":[{"href":"https:\/\/tecazw.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tecazw.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tecazw.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}