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Assault on betting firms is a misdirected endeavour

Interior Cabinet Secretary Fred Matiangi addresses a congregation at Nyabonge SDA Church in Kisii County on June 29, 2019. He has launched crackdown on betting firms. [Sammy Omingo/Standard]

Figuratively, Interior Cabinet Secretary Fred Matiangi has been breathing down the necks of betting firms. At the centre of it all is the matter of taxation. Governments are adept at exacting their pound of flesh, which is why Matiangi’s zeal and energy against betting firms validates Ronald Reagan’s opine; “Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it”. The Jubilee government has done enough of that.

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