The plan by the Government to raise Sh64 billion under the pretext of bridging the national budget through taxation will continue to encumber the common mwananchi.
Taxation, one of the necessary evils in a capitalist economy, has strangled our economy. Income tax eats into people’s salaries while general sales tax makes buying essential commodities a burden.
Regrettably, the annual National Government Budget Implementation Review Report released recently indicated how politicians looted public funds. And another damning report from the Auditor General revealed that about a quarter of Kenya’s budget was unaccounted for.
To make matters worse, MPs are now plotting to pass the Parliamentary Society of Kenya Bill that shall burden Kenyans further. This is how the capitalist economy ruins lives.
