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"speaker_name": "Seme, ODM",
"speaker_title": "Hon (Dr.) James Nyikal",
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"content": " Thank you, Hon. Temporary Deputy Speaker. I rise to support this Bill. However, we realise that this Bill is being discussed in an economic environment where we have a large budget of Kshs2.5 trillion, a big development agenda of the Big Four Agenda and a huge deficit of over Kshs500 billion and we are trying, through this, to raise Kshs27 billion. At the same time, we have a large debt portfolio. In all these, Kenyans are probably the most highly taxed people. Take the people in this House and even those that earn less, they pay over 30 per cent as PAYE, then 16 per cent VAT and virtually everything we use is VAT. If you consider that, taxes take definitely over 40 per cent of your income. We have others such as the Fuel Levy. 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."
}