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Treasury’s new taxes to fund Sh1.6 trillion expenditure

By MARK KAPCHANGA

The Government appears intent on carrying out its crusade to raise taxes, even for the poorest households. Hardly has the calamitous impact of the reviewed Value Added Tax (VAT) been completely felt, it is already projecting an evaluation of the Incomes Tax Act and Excise Act that is likely to see new wave of price increases in the various economic sectors.

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