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{
    "id": 235341,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/235341/?format=api",
    "text_counter": 484,
    "type": "speech",
    "speaker_name": "Mr. Kimunya",
    "speaker_title": "The Minister for Finance",
    "speaker": {
        "id": 174,
        "legal_name": "Amos Muhinga Kimunya",
        "slug": "amos-kimunya"
    },
    "content": " Mr. Temporary Deputy Chairman, Sir, I beg to oppose the amendment to the tariff by Dr. Oburu. This amendment is seeking to reduce the tax on wines from 65 per cent to 45 per cent. I also drew the attention of the House to the fact that we are on a hybrid system. There is a Kshs54 to the litre, which is fixed or 65 per cent, which is higher. So, we are trying to make the more expensive wines cheaper because 65 per cent only affects the wines that are beyond what is covered at Kshs54. The low cost wines will not be affected at all by this amendment. Mr. Temporary Deputy Chairman, Sir, I just want to bring that to the attention of the House, that 65 per cent subject to a minimum of Kshs54 is what affects the low- cost wines. The 65 per cent was meant to affect the high-cost wines. Those are the ones that we are taxing. The import of this is, we will not be protecting the industry, but we will be losing revenue that will have been paid by the very expensive wines where we will be attracting this. Mr. Temporary Deputy Chairman, Sir, I want to oppose this amendment. I would like hon. Members to note that there will be a revenue lose of Kshs25 million which will also be reflected in the allocations of the Constituencies Development Fund (CDF)."
}