Friday 2 September 2016

South African Government Admits MMM is Not a Scam

South African Government Admits MMM is Not a Scam

The government and media in the past weeks ran some nasty allegations against MMM South Africa. The media painted it as a scam, ponzi scheme, pyramid scheme, etc. As we all know it by now that the media actually apologized for calling MMM a ponzi scheme and meanwhile the government on the other hand has implicitly admitted that fighting MMM is fighting a losing battle–they were shooting themselves in the foot.

Government Admission is inform of Donation Tax

The government’s proposal that MMM Members must be made to pay donation tax on anything over R100,000 is a clear statement that the criminalization of MMM was wrong. Being the capitalist that they are, they will go to the very last statement in the constitution to make sure that they get their greedy hands on the MMM money. Taxation is used to curb people’s power–capitalists hate it when you buy yourcars, clothes, TVs, Houses cash because that means they don’t get your money through their evil debt system.

Why donation Tax is illegal for MMM Members

When government admits MMM is not a scam, they are effectively saying MMM members do not break any rules and that means the community is operating legally. The donation tax will in turn not be legal on MMM since it’s not registered as a company, corporation or charity organisation–basically not registered at all and so a donation tax therefore, becomes illegal just because someone is giving money to another person. We could as well call that a gift.

Giving a Gift is Not a Crime

In MMM, money is transferred from one member to another member and that transfer is a normal process that occurs everyday amongst ordinary people so it is going to be very hard for government to even tell that this money is from a MMM member or not. They will have label ‘giving’ illegal if they are to get a piece of the MMM pie.
So Mavrodians, no worries, gifting is not criminal and there will be no donation tax and if the force it down our throats, then we ain’t voting—#HANDS OFF MAVRODIANS

And for those that haven’t joined yet, you are missing big time–click here and register now

Source: http://join-mmmsouthafrica.co.za