As it is businesses are struggling, disposable income is dwindling day by day. Wakiongeza vat few businesses will survive and the deficit will continue to grow year after year.
Mimi nataka VAT ifike 35% Ndio hii mentality ya kuvote Mtu wetu itoke. It’s time for us to pay for this handout we get from politicians.
Coming election we will be voting with our brains not with our stomachs.
The definition of insanity is doing the same thing over and over again and expecting a different result. KRA has been unable to meet revenue collection targets because of evasion, and more importantly, decreased consumption. If they yet again increase taxes, why would they expect us to not amend our habits accordingly?
Okay. Last year the budget was 5 trillion. Now 3 trillion?
About tax evasion, yeah. Actually, I know of some few tax evaders and they have evaded excess of over 300 million combined. I have no idea on how the government will do to force people to pay tax.
Myopic Rotich backed by even “myopicer” Konyagi you can expect a thorough shafting.
And after that, all mps will “hail the good budget”… Then after 4 months, as he has done since 2013,he will bring a supplementary budget, undoing his first budget priorities and redirecting them to recurrent expenditure.
We know him. Ni kudoz tu hapo state house watu wakilia. Ukiuliza, unatishwa na ule mkisii fuuuuupi amenona round…
Inaitwa Optimal Taxation. Any Increase will result to decreased consumption or illegitimate alternatives.
Wamefika hapo na pombe na sigara. Hii ndio nangoja kuona kama itaongezwa haha
Naona umesoma econ pia…asante kwa kunikumbusha terminology!
Shida yetu ni kwamba tunajipima na useless consumption; middle class afadhali ikope credit card/Tala/Fuliza iende kutisha maslay Kiza. KBL wataendelea kukamua watu hata RRP ikifika 250; na kwa wale hawana option, ngojautaskia kumi kumi and the like zimewashika tena.
Kenyans are so tired of this administration the interest in pivotal moments has waned, guys dont care what Rotich or his Boss Gatheca say, tunajua tu ni lip service. 2022 ifike tutoe hizi zebu