spot_img

CS Mbadi: No More Tax Hikes on Kenyans’ Payslips

Date:

NAIROBI, Kenya – Treasury Cabinet Secretary John Mbadi has vowed that the upcoming Finance Bill will not impose additional tax burdens on Kenyan workers, stating that the government has reached its limit on employment income taxation.

Speaking during his inaugural visit to Bunge La Mwananchi, a public forum where citizens directly engage with leaders, Mbadi dismissed concerns over potential tax hikes, emphasizing that Value Added Tax (VAT) and other levies will remain unchanged.

“We are not increasing VAT at all. In fact, this year’s Finance Bill may not have any upward tax adjustments in terms of rates. We cannot overtax Kenyans anymore. We have reached a limit where we are saying no more space for taxation on employment income,” Mbadi affirmed.

The CS faced tough questions from members of the public, who grilled him on government expenditure, including renovations at the State House and the perceived disregard for austerity measures.

Responding to criticism, Mbadi defended the spending, arguing that once renovations are completed, no further funds will be allocated to similar projects.

“Tumerenovate (we have renovated), so what you need to tell me is not to spend any more money on renovations, isn’t it? That house is now in good condition, and it has taken what it has taken,” he said.

Despite mounting pressure from the public, Mbadi struck a conciliatory tone, urging patience as the government implements fiscal measures, including the controversial social health insurance fund and the housing levy, which have sparked widespread debate.

He assured Kenyans that these policies are intended to bring long-term economic relief despite the current hardships.

Anthony Kinyua
Anthony Kinyua
Anthony Kinyua brings a unique blend of analytical and creative skills to his role as a storyteller. He is known for his attention to detail, mastery of storytelling techniques, and dedication to high-quality content.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Trending

More like this
Related

All Women Elite Lioness Commandos Among New Squad of Kenyan Police Officers Deployed To Haiti

NAIROBI, Kenya – Kenya has sent an additional 144...

NYS Lists Requirements for Volunteers Ahead of Nationwide Recruitment Drive

NAIROBI, Kenya - The Kenya National Youth Service (NYS)...

British Deputy High Commissioner Makes Historical Visit to FGM Prevention Model Health Facility in Africa

NAROK, Kenya - British Deputy High Commissioner and Development...

High Court Declares Police Protest Restrictions Unconstitutional

NAIROBI, Kenya - The High Court has ruled that...