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{
"id": 987226,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/987226/?format=api",
"text_counter": 480,
"type": "speech",
"speaker_name": "Nambale, ANC",
"speaker_title": "Hon. Sakwa Bunyasi",
"speaker": {
"id": 2511,
"legal_name": "John Sakwa Bunyasi",
"slug": "john-sakwa-bunyasi"
},
"content": " We will be creating a very big loophole. All income earned other than that you are exempting directly from taxation should eventually be taxable. We have just exempted savings in respect of retirement schemes. However, even in respect of such savings, whenever you eventually draw the money, it should be taxed. States even tax retirement proceeds of deceased people. I think we are setting big loopholes as we rush through this thing. We need to think through it."
}