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{
    "id": 954784,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/954784/?format=api",
    "text_counter": 476,
    "type": "speech",
    "speaker_name": "Molo, JP",
    "speaker_title": "Hon. Kuria Kimani",
    "speaker": {
        "id": 13435,
        "legal_name": "Francis Kuria Kimani",
        "slug": "francis-kuria-kimani"
    },
    "content": "We have seen that this inconsistency in our laws affect greatly our businesses. In the area I represent, called Elburgon in Molo Constituency, we woke up one day to a ban on logging. We had industries, companies and factories that had invested billions of shillings in this sector. Then by just a change of policy like this, those businesses started becoming illegal. To what extent do we want to raise all this money for these taxes? The absorption rate of our budget in our counties in the last financial year was at 50 per cent. It means that county governments were unable to absorb 50 per cent of the taxes we raised in the last Finance Bill to implement their development programmes. The absorption rate of the budget by the national Government was slightly higher; at 60 per cent. It, therefore, means that the money that we purported to raise last year through increased taxation led to inconsistencies in the business sector and only 40 per cent was absorbed. Therefore, the questions are: “Did we really need these taxes? Did we really need to increase and introduce something like the Presumptive Tax that will be charged to that mamamboga only for us not to actualise it?” 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."
}