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{
    "id": 808283,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/808283/?format=api",
    "text_counter": 212,
    "type": "speech",
    "speaker_name": "Alego-Usonga, ODM",
    "speaker_title": "Hon. Samuel Atandi",
    "speaker": {
        "id": 13290,
        "legal_name": "Samuel Onunga Atandi",
        "slug": "samuel-onunga-atandi"
    },
    "content": " Thank you, Hon. Temporary Deputy Speaker, for giving me an opportunity to make a contribution on this Bill. From the outset, I would like to say that I support measures which are aimed at realising domestic revenue for running of our economy. I am one of the few who believe that, as Kenyans, we do not need to borrow resources to fund our budget. So, the proposals that are contained in this Bill are justified. Let me begin by talking about the Income Tax proposals. I support the proposal to tax winnings on betting and gaming. This is basically a sin tax because it aims at deterring obsession by youth in gaming in this country. We must treat gaming as a leisure activity, not as an economic activity. Therefore, the proposals here are going to ensure that we stop this obsession. If you walk across the country, a lot of youth are today involved in this business. They wake up in the morning and the only thing they want to do is the gambling business. So, this tax is justified. The other proposal that I love is contained in the Stamp Duty Act, which proposes that, one, for the collector of Stamp Duty, we will use the services of registered and practising valuers to support valuation reports. I worked in the banking sector before I joined Parliament and if you are processing a mortgage today, it would take you more than six months for you to get the property registered in your name. This is majorly because of the delays that are involved in processing valuation documentation. So, having registered valuers involved in valuing property to be purchased will have served two things. One, it will allow the Government to collect revenues in time as opposed to the situation right now where it takes more than a year or six months for the assets to be transferred. Two, we need to take advantage of the professionals that The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor."
}