Former Baringo Senator Gideon Moi now wants the Government to review the proposed taxes in the Finance Bill 2023.
In a statement on Saturday, May 13, Moi noted that countless Kenyans are struggling to make ends meet urging the Government to review the bill.
"While taxes are essential for financing the nation's recurrent and development expenses, it is clear that prosperity cannot be solely derived from taxation.
"Consequently, it is imperative that the government reviews the Finance Bill, 2023, currently in the National Assembly, and engages in comprehensive public participation to alleviate the burden of punitive tax clauses due to their severe implications for our citizens," the former Baringo Senator stated.
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Gideon urged the Government to explore other sources of revenue adding that State must create an enabling environment for foreign investment.
"Furthermore, we must explore avenues to create a favorable and conducive environment for direct foreign investment, particularly in industrialization. By enhancing manufacturing capabilities and generating employment opportunities, we can integrate a significant number of Kenyans into the mainstream job market and reduce overreliance on taxes," he said.
KANU is celebrating its 63rd anniversary today with Gideo highlighting the strides the party has made since its formation.
"KANU has undergone a transformation, welcoming fresh blood and minds, and nurturing young people within our ranks by leading critical roles and initiatives within the party. We are embracing new technologies, adopting progressive policies, and promoting innovative ideas in recognition that the world faces a new set of global challenges that we must adapt to," part of the statement reads.
