State House Live

Mwalimu-G said:
Dam zimefika 750?
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The truth is painfull. Hiyo review ya tariffs is coming at a very opportune time. I wonder if it won't be just bandaging an already rotting leg.
 
Govt get money from taxes which is mainly VAT, if govt spend 300b in subsidies how much VAT does it collect as people spend more on affordable goods. If govt withdraws the subsidy how much VAT does the govt lose due to reduced consumption. Is it good for the economy to subsidize imported goods like fuel?
 
ShakaZulu said:
Govt get money from taxes which is mainly VAT, if govt spend 300b in subsidies how much VAT does it collect as people spend more on affordable goods. If govt withdraws the subsidy how much VAT does the govt lose due to reduced consumption. Is it good for the economy to subsidize imported goods like fuel?
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Hapo Wacha tuite @Okiya
 
The country is restless and skeptical. That is why we went for another address only three days after the New Year's address.

@Aviator if you take away people's purchasing power - through high taxation and inflation - industries, beginning with those dependent on disposable income, will shut down, laying off people who are the customers of some of us slum lords, leaving houses vacant, we fall back in servicing bank loans, raising risk for banks, who charge higher interest to cover the risk, making the credit unaffordable, meanwhile the ever hungry gava collects less taxes or if it's clueless it comes for your goats, pushing you back to the class of the needy - and Slum Lord and his tenant end up in Hooverville...
 
Mwalimu-G said:
The country is restless and skeptical. That is why we went for another address only three days after the New Year's address.

@Aviator if you take away people's purchasing power - through high taxation and inflation - industries, beginning with those dependent on disposable income, will shut down, laying off people who are the customers of some of us slum lords, leaving houses vacant, we fall back in servicing bank loans, raising risk for banks, who charge higher interest to cover the risk, making the credit unaffordable, meanwhile the ever hungry gava collects less taxes or if it's clueless it comes for your goats, pushing you back to the class of the needy - and Slum Lord and his tenant end up in Hooverville...
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Kenyans are resilient and hard working all we need is a peaceful environment, the current situation is global. We must move on together, non should be left behind !
 
Kasaman said:
Kenyans are resilient and hard working all we need is a peaceful environment, the current situation is global. We must move on together, non should be left behind !
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But Uhuru said the situation was global and we dismissed him. He brought subsidies tukasema they are political bait. You say we move on together, are you buckled up for the tough economic ride in 2023-24?
 
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