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{
    "id": 988206,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/988206/?format=api",
    "text_counter": 196,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "The Bill seeks to amend the Income Tax Act to among other things reduce the individual top tax rates and residents Corporate Tax rate. What does it do? For the individual, it increases the disposable income and in turn enhances consumption. For the corporate, it gives some investment relief because we are reducing Corporate Tax from 30 per cent to 25 per cent. It is meant to spur growth so that companies do not go under. We must protect our companies, the economy and Kenyans by putting some money in their pockets."
}