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EDITORIAL: It's Time We Stopped Taxing Ourselves Dry

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 13 November 2019.

Published on November 13, 2019, the Kenyan government has been criticized for imposing heavy taxes on its citizens, leading to a decrease in their purchasing power and an increase in poverty levels.

According to a recent report, the value of doubtful and lost loans in Kenya has hit Sh315 billion, a significant increase from previous years. This has put a strain on the country's economy and has led to a decrease in the government's revenue.

Despite this, the government has continued to impose heavy taxes on its citizens, including a 16% value-added tax (VAT) on most goods and services. This has led to a decrease in the purchasing power of Kenyans, making it difficult for them to afford basic necessities.

The government's decision to impose heavy taxes has been criticized by many, including economists and civil society organizations. They argue that the taxes are unfair and are disproportionately affecting the poor and vulnerable members of society.

It is time for the government to re-evaluate its tax policies and consider alternative ways of generating revenue. This could include reducing the VAT rate or introducing new taxes that are more progressive and fair.

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