Mps walk a tightrope on taxes, budget

National Assembly Finance Committee Chairman Kuria Kimani during the public participation on the Finance bill, 2024 at Hilton Garden Hotel, Mombasa Road on June 5, 2024. [Boniface Okendo, Standard]

Parliament may be forced to review some of the proposals in the Finance Bill 2024 after lengthy stakeholder engagements carried out by the Finance and National Planning Committee revealed the devastating effects if the document is implemented as is.

How to strike a balance between taxing an already overtaxed taxpayer and raising the necessary revenue to meet the growing needs of the government is the daunting task that Parliament faces this week.