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"id": 482394,
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"type": "speech",
"speaker_name": "Hon. Limo",
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"speaker": {
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"legal_name": "Joseph Kirui Limo",
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"content": "Hon. Temporary Deputy Speaker, first, I wish to say that I support this Bill because it is important. Tax is very important for any economy to grow. For any economy to grow, we must ensure that the regulations for tax collection are very clear and are not very discouraging to the people who are supposed to pay the taxes. Tax collection is determined by the level of economic development and, therefore, it is important that, as we develop these policies which determine the collection of tax, we must bear in mind that we must also encourage investors to invest in the country. We must encourage the investors to invest in activities which are going to produce high turnover which will eventually, with proper regulation and proper legislation on cost involved in production, will ensure that the country gets enough profits which then will determine the tax for the country."
}