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"id": 1441322,
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"type": "speech",
"speaker_name": "Kajiado South, ODM",
"speaker_title": "Hon. Parashina Sakimba",
"speaker": null,
"content": "The Chairman has mentioned that there was a suggestion during public participation to increase the import taxation fee from 2.5 to 3 per cent on Clause 44 (a). They go ahead and state that the Finance Act, 2023 led to a reduction of Ksh10 billion in tax collection. We are not the only people who are left in the universe working for ourselves. You are targeting to destroy imports and make our local people gain, while forgetting that we are a competitive country that needs to compete with others. In Clause 57(b), the Chairman has illustrated very well matters to do with electronic tax system, data management and report system. They state that the provision is too punitive and they recommend reducing it to be commeasurable with the offence. The question is: Which offence? Let me give my advice. We cannot create a self-sufficient country by only taxing people. Other countries are giving incentives on the cost of production, electricity and easier ways of doing business. We will be wrong if we discourage new investors from coming to invest in this country due to taxation. We need to go back and understand that pharmaceutical products, agricultural products and equipment need to be checked well. We should not call a dog a cat. If this Bill is punitive, let it be taken back to the public who demonstrated yesterday. The people who are still asking for answers. Why are you saying you have deleted some clauses and you are not giving them an opportunity to see? Since we live in this country, we should be aware that we have pushed Kenyans into a corner. Mama mboga and every Kenyan is complaining. We are begging our colleagues to reject the Finance Bill 2024. The people of Kajiado South Constituency, whom I represent, might also be called villagers. I am also a boy from the village. On behalf of the people of Kajiado South Constituency, I do not support this Bill. Also, for the sake of the Gen Z, I do not support this Bill. I donate my one minute to Hon. Wanjala. Thank you."
}