[quote=Lolest!]I like your thoughts @ecstacy
[quote=ecstacy]So instead of joining the online Kenyan ranting regarding the VAT 2013 Bill, maybe we share and propose some solutions to anyone who cares to listen? I'm no economist, but how about the following:
2. Increase the tax base. If you a landlord and you not paying tax, pls don't go whinin about VAT on milk. If you are an employer who has been deducting employee dues and not remitting them to KRA, STFU. If you are a consultant not remitting witholding tax, nyamaza etc
people think landlords only when it comes to evasion. But most people do not pay tax. Gikomba people with their big time money, farmers making hundreds of thousands, all those people in the informal sector too pay nil tax even when they make millions. I agree, wanyamaze, they're the reason VAT has to go up. The formally employed carry the country's budget burden through PAYE.3. The value of the balance between imports and exports has to improve as we importing twice the value of what we are exporting (Ksh 1.3T v 518B). It means in the immediate term resuscitating local industry and providing investors with incentives. Spending more (requiring more tax) in the immediate term to achieve mid-long term objectives.
Cost of production will go up coz of Railway levy and 16% VAT on electricity. Or am I missing something here? how will govt resuscitate local industry if not by lower costs of production?4. Strengthen accountability across all arms of government. Legislate economic crimes if we have to. Corruption has to be seen to be punished.
7. Reduce defence spending. Quick gain perhaps, are there any strategic interests left in remaining in Somalia now?
Aren't soldiers in Somalia now under AU/UN?
That group of people in blue carry the heaviest of burdens. All sorts of BAD names.
Mara watu hawajasoma, watu wa biashara ndogo ndogo, watu wakuuza nguo kuu kuu,peasant farmers,watu hawatumiagi deodorant.Mpaka @Drunkard can't bank in peace. etc etc.
All that while, those of you in formal employment get to bask in all sorts of praises [warranted n otherwise]. Big company names, big titles, expensive lunches, expensive suits n perfumes etc etc.
@loles t, Let those in formal employment carry all the good names, including that of government funding.
Cut us some slack,sisi ni watu wa Mungu.
The gov't doesn't care about us, were are non-existent.
Sisi ni batoto ba Mungu.