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{
    "id": 1346443,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1346443/?format=api",
    "text_counter": 335,
    "type": "speech",
    "speaker_name": "Molo, UDA",
    "speaker_title": "Hon. Kuria Kimani",
    "speaker": null,
    "content": "Hon. Temporary Speaker, we are also looking at ensuring that we get the optimal rate. Remember that the laffer curve dictates that an increase in taxes will lead to an increase in income in terms of revenue collection up to a particular point. Beyond that point, you are going to see a reduction in tax revenues. We are, therefore, advocating to have optimal tax set up, where we have the policy drivers determining the optimal rate so that we have good collections to ensure that any further increase on the laffer curve does not lead to a decrease in tax revenue collection."
}