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"id": 846707,
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"type": "speech",
"speaker_name": "Kiharu, JP",
"speaker_title": "Hon. Ndindi Nyoro",
"speaker": {
"id": 13370,
"legal_name": "Samson Ndindi Nyoro",
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"content": " Thank you very much, Hon. Speaker. I start by congratulating you for being elected the Chair of the Commonwealth Parliamentary Association (CPA). I have been here listening to my colleagues. I also want to concur that the Budget was read but we, most of the time, just handle the expenditure part of it. As we debate this Bill today, we are handling the income part of Government; the part of raising money so that we can expend in the various projects. Even when we were in school, we used to be taught that taxation is just one of the many ways through which the Government can raise money. We have seen the Government over- relying on taxation to raise revenue. As we speak, we are exploring ways of digging deeper into the pockets of poor Kenyans. The Government of Kenya has over 240 corporations, companies and parastatals put together. We will be raising some of the monies through the many ways indicated in the Finance Bill. The money will be going towards supporting some of the entities that have been misplaced. We have many entities that are owned by the Government. Instead of these entities contributing to the revenue basket, they contribute to the huge expenditure that the Government incurs. Even as we debate this Bill, it is our responsibility to continue agitating for a lean Government and telling it not to continue being in the business of competing with businesses in the private sector. My worry is that we may raise all the taxes from money transfers and other sources only for it to be sank into some public companies that hold no strategic value for the Government other than draining Government coffers. A lot has been said about the VAT Bill of 2013. As we debate the many issues regarding the Finance Bill, even before I go there, I would want to put my voice on the issue of the Fuel Levy Fund and VAT. Some economies in Africa, Kenya included, are especially captured by people we are indebted to or some of the financial institutions that have lent money to our Government."
}