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President William Ruto on Tuesday succumbed to relentless and unprecedented public pressure and acceded to recommendations by the National Assembly Finance and National Planning Committee to drop some of the punitive tax proposals in the Finance Bill 2024.
However, Kenyans will still have to contend with some of the tax measures that were made in the original Bill that was tabled in Parliament in early May and had been criticised as likely to leave ordinary wananchi worse off amid a biting high cost of living crisis.
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