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Tax and Spend Government
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poundfoolish
#11 Posted : Thursday, September 05, 2013 3:07:57 PM
Rank: Elder

Joined: 12/2/2009
Posts: 2,458
Location: Nairobi
Impunity wrote:
I'm told countries in the Scandinavia tax as high as 50% of gross income...but the difference is in the HOW.


They tax you silly over there.. but make sure you see your money at work.. Hospital, schooling, welfare.. heck! they even give highschool students money (though enuff for just a pair of new jeans.. You actually see your money begging you to do things for you..

But here we are taxed left right up down and still nothing to right home about..
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jaggernaut
#12 Posted : Thursday, September 05, 2013 3:18:43 PM
Rank: Elder

Joined: 10/9/2008
Posts: 5,389
Some countries even have an inheritance tax. They value the property left behind and charge 30% tax.
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rryyzz
#13 Posted : Thursday, September 05, 2013 3:37:35 PM
Rank: Member

Joined: 5/19/2012
Posts: 552
poundfoolish wrote:
Impunity wrote:
I'm told countries in the Scandinavia tax as high as 50% of gross income...but the difference is in the HOW.


They tax you silly over there.. but make sure you see your money at work.. Hospital, schooling, welfare.. heck! they even give highschool students money (though enuff for just a pair of new jeans.. You actually see your money begging you to do things for you..

But here we are taxed left right up down and still nothing to right home about..


I don't think Kenyans would be complaining if they saw their taxes being put to good use. The most painful thing is to be heavily taxed and not see where these taxes go.....No, the most painful thing is to see my tax go to paying some mpigs increased salaries so that they can go ahead and pass stupid bills in parliament.
By the way, where do these guys shop, aren't they equally affected by the increase in price of basic commodities. Ama ni kupitisha tu bills without thinking through what the impact to society would be.
Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around.... Leo Buscaglia
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KulaRaha
#14 Posted : Thursday, September 05, 2013 3:38:52 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
In Kenya you are taxed so guys like Duale can talk trash on national tv...and get paid for being a comedian.
Business opportunities are like buses,there's always another one coming
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bebeto
#15 Posted : Thursday, September 05, 2013 3:58:38 PM
Rank: Member

Joined: 8/5/2008
Posts: 602
My patriotism is fading by the day. ....cry for my beloved kenya.
"The chief danger in life is that you may take too many precautions" - Alfred adler
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Intelligentsia
#16 Posted : Thursday, September 05, 2013 4:08:56 PM
Rank: Elder

Joined: 10/1/2009
Posts: 2,436
jaggernaut wrote:
Some countries even have an inheritance tax. They value the property left behind and charge 30% tax.


Shhhh....why you are sauting (shouting) these things to the taxmundu bana!!
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FancyFace
#17 Posted : Thursday, September 05, 2013 4:18:26 PM
Rank: Member

Joined: 7/31/2009
Posts: 743
just received this text from Kenya Power " Dear Customer, Govt adjusted VAT on ALL electricity consumption from 12% to 16% effective 2/09/13. Water Res Mgt Authority levy will be charged at 5cts/Kwhr"
someone pls break this down for me.. Sad

Problems can get out of proportion, and not only in the wee small hours. Don't let the problems eclipse the Master. Let the Master eclipse the problems.
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masukuma
#18 Posted : Thursday, September 05, 2013 5:08:08 PM
Rank: Elder

Joined: 10/4/2006
Posts: 13,823
Location: Nairobi
poundfoolish wrote:
Impunity wrote:
I'm told countries in the Scandinavia tax as high as 50% of gross income...but the difference is in the HOW.


They tax you silly over there.. but make sure you see your money at work.. Hospital, schooling, welfare.. heck! they even give highschool students money (though enuff for just a pair of new jeans.. You actually see your money begging you to do things for you..

But here we are taxed left right up down and still nothing to right home about..

taxation has to come first before seeing things... lasttime I checked france wanted to raise the tax rate for the wealthy to 75%
All Mushrooms are edible! Some Mushroom are only edible ONCE!
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masukuma
#19 Posted : Thursday, September 05, 2013 5:11:04 PM
Rank: Elder

Joined: 10/4/2006
Posts: 13,823
Location: Nairobi
danas10 wrote:
masukuma wrote:
death and taxes... people you need to understand that money does not grow on trees! whenever someone promises you something you need to ask yourself... WHERE IS THE MONEY COMING FROM!! stuff costs money and government does not have any money of its own. it needs to raise money in 3 major ways.
1. shareholding of businesses (parastatals and companies like safcom... mafuta?)
2. taxation
3. borrowing!

kibaki exploited most of those ones to some extent but borrowed heavily. Uhuru has taken the taxation route! Just hoping mafuta becomes viable soon (hope its fully gava owned) so that we can relax the tax noose.



capitalists don't care about social benefits. As of now, we know who will be walking away with the dollars. I wouldn't bet on this.

I used to think like a capitalist but I have learnt that we can equalize society by using the commonwealth! oil has to be used to equalize our society... don't be lied to if you approach it US style we will regret having oil.
All Mushrooms are edible! Some Mushroom are only edible ONCE!
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Siringi
#20 Posted : Thursday, September 05, 2013 5:11:08 PM
Rank: Elder

Joined: 6/8/2013
Posts: 2,517
As Kenyans we need to look at our statement of Income and Expenditure especially in view of the devilution

You have seen adverts in the papers for positions in 47 county assemblies and public service boards with attractive perks

you all saw county budgets donge??

meantime we have a bloated civil service that used to do the very same jobs!!!!!!!!!!!!!

and you dare ask why taxes are increasing

Choices have consequences. Somebody show me the hansard on how the VAT bill passed i need to mark out the MPs that voted so that i know how my MPig voted.

where are the alternative proposals from the opposition?

Shame on you Shame on you Sad Sad
"😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
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