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{
    "id": 1082720,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1082720/?format=api",
    "text_counter": 133,
    "type": "speech",
    "speaker_name": "Saboti, ODM",
    "speaker_title": "Hon. Caleb Luyai",
    "speaker": {
        "id": 2740,
        "legal_name": "Caleb Amisi Luyai",
        "slug": "caleb-amisi-luyai"
    },
    "content": "On the question of the tax regime, it is high time we re-engineered our tax policies and regime laws and the whole architecture around the tax regime. There is nothing traders fear more than high taxes and that is how we chase investors. There is no nation in this world that has progressed by overtaxing its citizens. One of the reasons we have tax increases is because we lack the capacity to collect the little we have. Let us also look at our tax regime so that they are favourable to traders. You cannot have traders and high taxes in one room. It cannot happen. In fact, Winston Churchill once stated that: “For a nation to try to tax itself to prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” It is not possible. You cannot tax yourself to prosperity. There is no example of a nation that has taxed itself to prosperity. Kenya cannot be an exemption. We do not live in a vacuum. We must look at our tax regime carefully. We are chasing away investors. Most nations may not have…"
}