How Treasury's proposals will hit your pay, lead to spike in prices of goods

Shoppers at a supermarket in Nyeri. [Kibarta Kihu, Standard]

In 27 days, Kenyans will be in for major shocks should the proposals in the Finance Bill 2023 sail through Parliament as the Government is insisting.

The National Treasury has made proposals to not only raid the thin payslips of about three million salaried Kenyans and significantly reduce their take-home pay but also increase taxes on essentials that are expected to raise the cost of living.