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{
"id": 1080246,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1080246/?format=api",
"text_counter": 395,
"type": "speech",
"speaker_name": "Kipkelion East, JP",
"speaker_title": "Hon. Joseph Limo",
"speaker": {
"id": 1915,
"legal_name": "Joseph Kirui Limo",
"slug": "joseph-kirui-limo"
},
"content": " The objective of the minimum tax was to ensure that at least everyone pays tax. This is because even if you do not declare that you have income, which can be used to compute tax, at least you pay something at a very concessionary percentage. Therefore, by moving this amendment and exempting investors who have just invested at least around Kshs12 billion, we are effectively starting to erode the objective of the minimum tax before even it is properly implemented. In fact in the absence of proper explanation, I am not very comfortable supporting this amendment."
}