spot_img
Wednesday, October 9, 2024

RAILA ODINGA urges MPs to reject RUTO’s Finance Bill 2024 in its entirety as he warns the country will collapse if it sails through.

Exclusive
spot_img

Former Prime Minister Raila Odinga has urged members of Parliament to reject the Finance Bill 2024 that is being pushed by the Kenya Kwanza Alliance government.

In a statement on Friday, Mr. Odinga took a swipe at the Kenya Kwanza regime, terming the Bill as retrogressive and insensitive to the plight of the poor in the country, reiterating that its impacts will be worse than the Finance Bill, 2023.

The veteran opposition leader cited the economic areas that would be affected by the proposed increase of taxes and Value Added Tax (VAT), saying ordinary Kenyans will be subjected to hardships worse than in the last financial year.

“The Bill is a regressive taxation proposal that goes ruthlessly after the poor. 

“Should it be ratified, low-income people will be hit with taxes on multiple fronts and will end up paying more than people with higher incomes. 

“It is obvious that tax on basic necessities such as food, cooking oil, and money transfer disproportionately hurt the poorest of the poor,” he said.

“The tax burden in Kenya is at its highest level since independence, but public services have largely remained on their knees. 

“As if this is not bad enough the Finance Bill 2024 proposes even more and higher taxes. 

“Consequently, the people and the country will be way worse off at this time in 2025 if the Finance Bill 2024 does not undergo radical surgery. 

“Most of the tax proposals in the Finance Bill 2024 are as insensitive as they are callous.”

spot_img
- Advertisement -spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Exclusive

Gachagua Seeks Raila’s Help Amid Impeachment Threat

0
Deputy President Rigathi Gachagua is facing a serious political crisis. He seeks assistance from former Prime Minister Raila Odinga. Gachagua wants to avoid impeachment....

Is John Mbadi the standout figure in Luo Nyanza’s political arena?

0
John Mbadi has emerged as a significant figure in Luo Nyanza's political landscape. This is particularly after his appointment as the ODM national chairman...

Politics return to the church as Ruto and Gachagua’s allies take the pulpit.

0
In recent events, the political landscape in Kenya has seen a notable intersection with religious institutions. This is particularly clear. Prominent political figures like...

What To Do To Impeach a Deputy President in Kenya.

0
Impeaching a Deputy President in Kenya is not an easy task. It can be done through two ways: impeachment or on grounds of incapacity....

Plot to Jail Gachagua: Kiambu Senator’s Claims.

0
Kiambu Senator alleges a plot to imprison Deputy President Gachagua, sparking political controversy and public debate. Kiambu Senator Karungo Thang'wa expressed concerns about a plot...
Latest News

Gachagua Accuses Ruto of Hypocrisy Over Shareholding Remarks

Deputy President Rigathi Gachagua has publicly criticized President William Ruto. He has criticized his associates for their backlash against...
- Advertisement -spot_img

More Articles Like This

- Advertisement -spot_img

THE IMPORTANCE