Let me call a spade a spade.

A lot of us as Kenyans love complaining all the time. The roads in Eastleigh are the worst in the world but you know they deserve it. They don't pay any taxes. See a thread here on someone using one of those walalo tax avoiding shipping companies.

I hate gov't but I have seen what good governance can do.

Gov't starts with me, the citizen. If I continuously complain about gov't resources and pay no tax, I'm basically a thief. Stealing from all the hard working Kenyans who get salaries deducted income tax every month....you know, your tenant. Robbery without violence....

That's one of the reasons I felt nothing for the paper thieves who got their mansions destroyed in Syokimau. They knew what they were getting themselves into but they thought they were cleverer than the whole world.

That unfortunately is a moral topic which I'm not qualified to discuss.

However, I can discuss my experience and facts.

Someone here is claiming that big gov't is bad for the economy. Then has the audacity of quoting the USA.

So let me give you a few economics facts

When the great depression happened because of greedy speculators, the saviour was gov't. It taxed and got everyone back to work building roads and the infrastructure we care about.

There was bigger gov't.

When Regan, the republican Jesus, saw the economy floundering, he increased gov't spending. More tax...shhhh it's a secret.

When George Bush Senior saw the economy floundering, he increased taxes..Again more jobs

When George Bush Jnr went with this smaller gov't stuff....we are still paying for it.

The history is clear. When the economy is burnt up and can't create jobs organically, you need to have more gov't spending on crazy things like the us super highways, going to the moon....things like Thika road!

All the rest is hogwash politics.

Now the problem in Kenya is not bigger gov't or more taxes.

It's you fools electing the wrong leaders. Unfortunately if you elect Kisia, Waititu and expect them to understand what the last budget was about, you are mad.

When I ask guys what does Raila stand for in terms of my tax or Uhuru, or Ruto, I'm told stupid things like jaruos will never rule. Kumbe wewe ndio KUBAFU. Pay the 30% and shut up.

There is nothing wrong with the tax regime. If you elect bad leaders who eat your money, please don't blame taxes....Blame yourself for electing a fool for a leader....Making you a bigger fool.

So my stand in this is very clear.

I want no taxes at all.

But I've seen enough in my life to know that some people are eating what they don't deserve.

The issue at hand is what the tax money does in terms of service provision. Most people are aggitated since the are currently paying some other form form of tax-PAYE, VAT- yet there is no equivalent form of service provision. I wld personally not object to a 50% tax rate if the services I am to receive are equivalent to what I am PAYING. So I agree with u on the issue of selecting our leaders who are responsible in managing our taxes/resources.

[quote=Ali Baba]ALMA>>>Those are the greatest words of wisdom I have read in Wazua in a longtime.Kubafus elect waititu and Sonko who are deficient of any intellectual content except brawls and then complain about the government??? Wake up,Wazua kubafus and smell the coffee


test your popularity by vying against waititu.waititu may be the one to manage the 500b budget for nairobi and deal with local & foreign investors,diplomats,and other vips.

I thought this thread was about the impact of the tax on housing development i.e mortgages,loans,planned estates etc....its slowly turning into moral/ethical/political issues.

MAWINDER:>>I don't have any interest in vying for a political seat-either now or in future.Well,if he becomes the Nairobi governor,that solidifies our argument.And before you vote for him,please note that he is gifted in brawls,but not brains.

Horton. That is why the wazua veterans like njunge, kularaha, pondi, mukiha slowed or gave up contributing to threads. Some of us want to contribute from an investment perspective but others want to grind their axes and settle scores. We wont get any value with this kind of atitude.

I tend to disagree.In this day and age,we can't engage in some kind of censorship.The world has become more open.Let us not be like China.If someone goes out of topic,just ignore his/her views.But you guys need to note that even Business Daily do write some politics.You can't engage in economic activities without keeping an eye on politics.They are interrelated.That's why its Githae the politician who introduced some taxes and compliance of returns on investment.And you want to turn a blind eye to that??If you guys want to turn Wazua into an elite club of people who talk business statistics all the time,you will push this site the way of the dinosar.

Even here we have a lot of NDOMO.This site is supposed to be for investors.But some people engage in arguments on types of investments they don't invest in.We have many "armchair" investors.Not only do they give misleading advice,but their views are not in tune with the investing world.If you are a ndomo investor,watch your tongue.Only true investors are wanted.

Investments are made based of projected returns. Currently, developers make great margins but these will drop yet the pace of development will continue.

What affects the construction industry will not be the taxes in NET RENTAL INCOME as much as interest rates (currently at 17% or higher).

It's a slow process but if the Taxman wants to determine how many units are rented, it will ask the landlord to certify how many units are occupied. Then it can 'raid' all the vacant properties to see if they are rented. Finally, it can access electricity & water records of each unit. If Flat A uses 1,000 KW monthly & is occupied, why is Flat B using 1,000 KW yet is unoccupied?