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{
    "id": 988263,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/988263/?format=api",
    "text_counter": 253,
    "type": "speech",
    "speaker_name": "Kiminini, FORD-K",
    "speaker_title": "Hon. (Dr.) Chris Wamalwa",
    "speaker": {
        "id": 1889,
        "legal_name": "Chrisantus Wamalwa Wakhungu",
        "slug": "chrisantus-wamalwa-wakhungu"
    },
    "content": " Indeed, it is the National Assembly as the Leader of the Majority Party has said. Article 95 of the Constitution is very clear. It says that we can debate and resolve any matter that affects our people. Corporate Tax is critical. We salute His Excellency the President for that reduction of 30 per cent to 25 per cent. This will enable the corporations to continue existing. We know they provide employment. This is the linkage that we need to understand. When you talk about tax exemption for those who get Kshs24,000 and below per month, it is a big relief for them. This is because if you earn a salary of Kshs24,000, the net normally comes to almost Kshs17,000 or Kshs18,000. So, if you can save, say, Kshs4,000 per month, that is a lot of money. They will use that money for essential services. They will buy essential goods like bread, unga for ugali and whatever. As much as the country is going to lose Kshs8 billion from the tabulation we were given of Kshs18 billion, when you do a cost benefit analysis, you realize that Kshs24,000 is a bigger benefit v is-a-vis the Kshs18 billion that goes to the Government. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}