Budget Speech and Uhuru's Voodoo Economics

Pseudonyms

Elder Lister
Barely a week ago, I posted this reply on this thread:


Now our Uhuru would first borrow to build roads and ports, then tax nduthi imports, and then tax nduthi spare parts shops, then tax the shops landlords, then tax petrol more when nduthi imports dry up, and when the industry folds up, tax unga and milk more, and when that is not enough to pay Peter, borrow from Paul to settle the debt.


Little did I know it was a prophecy. He's only gone and done the exact same thing. Nduthi taxes will go up significantly after the budget is read tomorrow.

In his brilliant Amherst College reasoning, Uhuru would rather heavily tax producers and means of production and earn GoK peanuts, than lightly tax produce and earn enough to run GoK.
 

Dibbz

Lister
Barely a week ago, I posted this reply on this thread:


Now our Uhuru would first borrow to build roads and ports, then tax nduthi imports, and then tax nduthi spare parts shops, then tax the shops landlords, then tax petrol more when nduthi imports dry up, and when the industry folds up, tax unga and milk more, and when that is not enough to pay Peter, borrow from Paul to settle the debt.


Little did I know it was a prophecy. He's only gone and done the exact same thing. Nduthi taxes will go up significantly after the budget is read tomorrow.

In his brilliant Amherst College reasoning, Uhuru would rather heavily tax producers and means of production and earn GoK peanuts, than lightly tax produce and earn enough to run GoK.
Hii Kenya yetu we only have extractive economic institutions, put in place to fleece and milk citizens without regard to their prosperity, kra ikiwa frontline. Hizi taxes zinaongezewa ndio zieze ku maintain the thieving elite who loot one third of gok budget.
 

Denis Young

Elder Lister
I hear ordinary revenue has been projected to be 1.9T while just last financial year they barely scrapped their projections.

To add on to that we have a deficit of slightly below 1T for 2021/2022. They have said over 600B will be borrowed internally killing access to credit for SME's and 200+B externally.

Seriously, nini hii inajengwa kwa nguvu ati budget iko na deficit ya more than 900B?

You have seen nothing yet on the prices of basic commodities and fuel.
 

Othello

Elder Lister
Finance bill is proposing taxation of floor and bread as well.
And because we have destiny with fate, ata crude oil broke above the $70 mark per barrel. That means petrol will be retailing more than 130bob- means also more taxes for the thief and further increase in commidity prices
 

wrongturn

Elder Lister
Seriously, nini hii inajengwa kwa nguvu ati budget iko na deficit ya more than 900B?

You have seen nothing yet on the prices of basic commodities and fuel.
recurrent expenditure iko juu sana. Counties still need fundings, budgeted corruption pia,
 

Pseudonyms

Elder Lister
Shall we call the gavament people @Clemens @Cabaye Captain @bigDog together with gavament apologist @Mwalimu-G not forgetting gavament turncoat @Field Marshal to give us budgeting economics 102?
Huwezi waona. They're huko posting cliché WhatsApp jokes and clips.

After the budget is read today, acha utaona a series of circuses and absurdities in the news just to keep the masses from speaking about their.

I'll predict an absurd sex scandal involving a senior politician.
 

Ngimanene na Muchere

Elder Lister
Huwezi waona. They're huko posting cliché WhatsApp jokes and clips.

After the budget is read today, acha utaona a series of circuses and absurdities in the news just to keep the masses from speaking about their.

I'll predict an absurd sex scandal involving a senior politician.
Gavament people are indeed a strange lot
 

Othello

Elder Lister
Huwezi waona. They're huko posting cliché WhatsApp jokes and clips.

After the budget is read today, acha utaona a series of circuses and absurdities in the news just to keep the masses from speaking about their.

I'll predict an absurd sex scandal involving a senior politician.
Jubilee PR game has been a priority rather than performance. They have even paid millions to international media to give kenyan govt a good name. I won't be surprised if gashui is fully employed to counter the jubilee bad name. I know several who are on full pay....But every time they post anything pale mkz matusi ndio zmezidi.
 
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