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{
    "id": 482386,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/482386/?format=api",
    "text_counter": 186,
    "type": "speech",
    "speaker_name": "Hon. S.S. Ahmed",
    "speaker_title": "",
    "speaker": {
        "id": 140,
        "legal_name": "Ahmed Shakeel Shabbir Ahmed",
        "slug": "shakeel-shabbir"
    },
    "content": "Hon. Temporary Deputy Speaker, however, this Bill has not yet captured in full the operationalization of the Capital Gains Tax (CGT). That is a tax for very rich but, apparently, it is even in the books but nobody wants to collect that tax from the rich. For all the houses that are being built, there is no CGT that has been collected. The houses are being sold and the money goes abroad. Some of that money is “black money” and some of it is money which is collected on very questionable grounds. As I said, those who earn and go through the sweat of collecting know how much effort it takes to collect money. But those who want to spend without collecting money do not understand or wish to appreciate the effort it takes. Many have questioned devolution and counties. Those counties do not earn or collect the money. The do not know how much effort it takes to collect that money. All they are interested in is to be given the money so that they can spend. I was a Mayor of a City. In Kisumu City, we used to collect enough money from our local authority. Now we are talking about devolution and some of our people are not getting paid and yet, that money from rates is there. But it is not being used. So, we feel that for the governors, the buck must stop with them. They must know the effort it takes to earn the money. The Kenya Revenue Authority (KRA) knows how long it takes and how much effort it takes."
}