Black Twitter Reacts To Hubbly Being Taxed #BudgetSpeech2020. Tito Mboweni, the finance minister, had the budget speech on Wednesday.
Tito Mboweni, the finance minister, had the budget speech on Wednesday. He announced income tax relief but some income taxes were not fortunate. One of the income taxes that were not fortunate include ‘hubbly’ or ‘hookah’ as it is known to others. The unit has been asking for tax relief numerous times.
The finance Minister in his 2020 budget speech said in accordance with the Department of Health policy the government would begin putting taxes on heated tobacco products such hubbly. The rate of the product will be put at 75% of the rate of cigarettes. Electronic cigarettes will be taxed by 2021. There have also been increases in other products such as alcohol. Black Twitter reacted to hubbly prices being increased. One tweep says, “Finally this hubbly is getting taxed.” One tweep says, “Hubbly tax. Never thought I’d ever put those 2 words together.”
One tweep says the party lost a devoted voter because of the taxing. “The government putting tax on hubbly…they just lost a devoted voter,” says the tweep. One tweep says, “Hubbly will now cost R2 million at [groove]…Rockets will be charging R10 million now-they long passed R2 million…” One tweep says, “Taxing hubbly bubbly and e-cigarettes actually shows how dire our financial situation is as a country.”
by Alexandra Ramaite