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MPigs Plot to Reduce PAYE
Kirika
#1 Posted : Wednesday, July 06, 2011 8:56:53 AM
Rank: Member


Joined: 1/26/2011
Posts: 211
Location: Nairobi

I heard on the news yesterday evening that the Honourable MPig from Nyambene, one Linturi has suddenly discovered that Kenyans are suffering under the hyper inflationary times, and he plots to bring a motion to the Pigsty to reduce the PAYE from 30% to 10%, to effectively cushion Kenyans smile

Now, much as i hate to admit it, im with the Pigs on this one.

I dont mind paying less PAYE, actually im hoping they can pull it off before the next pay check smile

Only problem might be whether Kibz would ascent to it, and whether Govt. Ministers would marshall the numbers to defeat the motion.
KulaRaha
#2 Posted : Wednesday, July 06, 2011 8:59:51 AM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
I SUPPORT FULLY!

Anyways my PAYE gets wasted on Raila's vacations, Uhuru's legal defense and other rubbish.

BRING IT ON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Business opportunities are like buses,there's always another one coming
'user'
#3 Posted : Wednesday, July 06, 2011 9:00:59 AM
Rank: Veteran


Joined: 12/3/2010
Posts: 1,141
Location: Londokwe
Applause Applause Applause Applause Applause
Let them pay taxes .Waumie vile tumeumia.

Didnt I say Its their turn to say , 'tunaomba serikali ingilie kati'.

Seems now Kenya has one of the best constitutions in the WHOLE world.Thanks to wazuans for convincing me to vote for it.
2012 is here.Kenya is Ours.Be Part of The Peace Keeping Mission To Protect Our Motherland.Say No To Violence and Tribal Hatred .If you can read this,wewe ni mtu amesoma, usifikirie kama mtu hajaenda shule .Ni Hayo Tu
McReggae
#4 Posted : Wednesday, July 06, 2011 9:05:38 AM
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Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
I rise to support!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
MaichBlack
#5 Posted : Wednesday, July 06, 2011 9:32:52 AM
Rank: Elder


Joined: 7/22/2009
Posts: 7,452
I pay TOO MUCH tax, I feel like I work for the government. 30% of my hard earned cash and then you still charge me 16% VAT on my remaining 70% if I dare spend it! Not to mention that the item you are charging me VAT on had already been taxed - probably a couple of times. Believe you me, if you are in formal employment MORE THAN 50% of your money ends up with the tax man.

Having said that, it is a bit pedestrian to imagine we can set the tax rate at a flat 10% unless of course we have just discovered oil in Kenya. The 30% rate should remain. What should change are the brackets. For example, 30% can be taxed on any amount above 120k, any amount below 20k should not be taxed. That way we cushion people based on their earning power. If you earn 150k only only 30k will be taxed at 30%. If you earn 15k, you keep all your money. You definitely need every penny. If you earn 800k, 650k is taxed at 30%. I can live with that whether I'm earning 10k or 1m.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Njung'e
#6 Posted : Wednesday, July 06, 2011 9:36:16 AM
Rank: Elder


Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
Jinga Mpigs.....don't believe they are doing it because they wish you to pay lower PAYE but because they want to pay lower PAYE.
Nothing great was ever achieved without enthusiasm.
Lolest!
#7 Posted : Wednesday, July 06, 2011 9:40:42 AM
Rank: Elder


Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
sh 1 Tn budget and you want tax cuts?
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
McReggae
#8 Posted : Wednesday, July 06, 2011 9:42:46 AM
Rank: Elder


Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Njung'e wrote:
Jinga Mpigs.....don't believe they are doing it because they wish you to pay lower PAYE but because they want to pay lower PAYE.


sote tunawachekelea, of course these pedestrian moves headed nowhere!!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
willin2learn
#9 Posted : Wednesday, July 06, 2011 9:44:47 AM
Rank: Veteran


Joined: 2/12/2008
Posts: 1,178
Lolest! wrote:
sh 1 Tn budget and you want tax cuts?


@Lolest. Very Good question. Trust some people to try killing a fish by drowning it.
Burning Spear
#10 Posted : Wednesday, July 06, 2011 9:58:45 AM
Rank: Veteran


Joined: 7/22/2008
Posts: 1,139
KulaRaha wrote:
I SUPPORT FULLY!

Anyways my PAYE gets wasted on Raila's vacations, Uhuru's legal defense and other rubbish.

BRING IT ON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



can u demonstrate this ?
"You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who says it". Malcolm X
Robinhood
#11 Posted : Wednesday, July 06, 2011 10:02:27 AM
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Joined: 12/11/2008
Posts: 2,306
What a move.Laughing out loudly The only problem is that even if they succeeded, and Baks signed the bill into law, past taxes will still accrue at the rates prevailing when the income was earned which is 30%. Walipe tu na wawache hizi ma uchizi.
Great men are not always wise, neither do the aged understand judgement...
karqui
#12 Posted : Wednesday, July 06, 2011 10:03:18 AM
Rank: Member


Joined: 8/2/2010
Posts: 480
Location: chokoo
reduced taxes=higher disposable income to kenyans=more economic activities=less corruption=reduced treasury kitty. how does the country sustain itself
my 2cents
QW25071985
#13 Posted : Wednesday, July 06, 2011 10:22:38 AM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
Lolest! wrote:
sh 1 Tn budget and you want tax cuts?


i am telling you my fwend. its a heck of a pigsty back there in parliament..
Seeders
#14 Posted : Wednesday, July 06, 2011 10:23:06 AM
Rank: Member


Joined: 2/17/2010
Posts: 234
Location: Nairobi
have only read of one country with GDP per capita below $2000 that has slashed taxes to 10%. that glorious country is called utopia.

slashing PAYE to 10% will be followed by a compensating hike to 60% the next year once sirikal starts struggling to pay salaries and is forced to borrow like its christmas.
KulaRaha
#15 Posted : Wednesday, July 06, 2011 10:29:27 AM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
Burning Spear wrote:
KulaRaha wrote:
I SUPPORT FULLY!

Anyways my PAYE gets wasted on Raila's vacations, Uhuru's legal defense and other rubbish.

BRING IT ON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



can u demonstrate this ?


Oh pls genius, you think all these stupid appeals the state keeps filing at ICC are done for Sang?
Business opportunities are like buses,there's always another one coming
nostoppingthis
#16 Posted : Wednesday, July 06, 2011 10:55:59 AM
Rank: Chief


Joined: 8/24/2009
Posts: 5,909
Location: Nairobi
KulaRaha wrote:
Burning Spear wrote:
KulaRaha wrote:
I SUPPORT FULLY!

Anyways my PAYE gets wasted on Raila's vacations, Uhuru's legal defense and other rubbish.

BRING IT ON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



can u demonstrate this ?


Oh pls genius, you think all these stupid appeals the state keeps filing at ICC are done for Sang?

smile
Wa_ithaka
#17 Posted : Wednesday, July 06, 2011 11:07:48 AM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
I Waithaka, being the duly elected Governor of Nyeri support this proposal.
The Governor of Nyeri - 2017
nostoppingthis
#18 Posted : Wednesday, July 06, 2011 11:09:14 AM
Rank: Chief


Joined: 8/24/2009
Posts: 5,909
Location: Nairobi
Wa_ithaka wrote:
I Waithaka, being the duly elected Governor of Nyeri support this proposal.


I thought Mutahi Kagwe had this in the bag...unless you are him...
Jus Blazin
#19 Posted : Wednesday, July 06, 2011 11:28:57 AM
Rank: Elder


Joined: 10/23/2008
Posts: 3,966
karqui wrote:
reduced taxes=higher disposable income to kenyans=more economic activities=less corruption=reduced treasury kitty. how does the country sustain itself
my 2cents

And people will still complain about reduced development expenditure. So, with the government getting reduced revenues, what would happen to the big civil service workforce? How will roads be constructed, external debt paid, what will be the interest rates on domestic debt? Et cetera?

Lower taxes will cripple the country and will cause a ripple effect. Let's not be shortsighted. Besides, the transistion we are in plus the new constitution, these tax levels will come in handy in the future growth of our country. They should only make sure hazijaongezwa.
Luck is when Preparation meets Opportunity. ~ Lucius Annaeus Seneca
Kirika
#20 Posted : Wednesday, July 06, 2011 11:49:31 AM
Rank: Member


Joined: 1/26/2011
Posts: 211
Location: Nairobi

I'd want to know from KRA's Commissioner of Domestic Taxes, how much PAYE contributes to the overall Tax Collections.

I'd bet its not more than 10%, again, the administration cost incurred by KRA in collecting PAYE is nil, since employers remit PAYE at KRA's doorstep.

I think a more realistic approach would be to increase the tax brackets on the upper limits and offcourse ignore taxation on hapless kenyans earning less than Ksh 20,000.

It should be a wake-up call to KRA to get landlords and land-owners in the tax drag net.
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