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"id": 1347001,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1347001/?format=api",
"text_counter": 519,
"type": "speech",
"speaker_name": "Kitui Rural, WDM",
"speaker_title": "Hon. David Mwalika",
"speaker": null,
"content": " Thank you, Hon. Temporary Speaker, for allowing me to say one or two things on the National Tax Policy. This is the first Tax Policy in the country and it is long overdue. In the last Parliament, we were pushing the National Treasury to bring it to the House to be adopted. The proposed tax policy has two aims. First, to create predictability in the tax laws. Having been in the Departmental Committee on Finance and National Planning, where we handle tax issues, I know that tax in this country cannot be predicted. We had cases where this time, we were zero-rating some goods and the same goods in the next year went to exemption. This creates a lot of uncertainty in terms of doing business. To have predictability of tax is very important. The policy should propose that before changing any tax, its impact should be analysed so that for the next one, we know the impact in terms of economic growth. Some of the taxes are very harmful to the economy."
}