11/06/2024
UPDATE: Kanu party leader Gideon Moi has warned that the Finance Bill, 2024 will condemn more Kenyans into poverty if the tax proposals are not revised.
The former Baringo senator notes that economic experts, think tanks and the general public have highlighted the pain points in the Bill, cautioning that, if enacted in its current form, it will disproportionately diminish Kenyans’ purchasing power by raiding their disposable incomes.
He says Kenyans' hope solely lies on the National Assembly to amend the Bill to alleviate the burden of over-taxation.