PRESENTATION BY THE COFEK TO THE PARLIAMENTARY COMMITTEE ON FINANCE, TRADE AND PLANNING HELD ON TUESDAY, JULY 16, 2013 AT CONTINENTAL HOUSE, NAIROBI 

Mencken (1880–1956), one of America's great wits, would chuckle. Almost every pro-VAT argument is exaggerated, misleading, incomplete, or wrong. The VAT is being merchandised as an almost painless way to avoid deep spending cuts. The implicit, though often unstated, message is that a VAT could raise so much money that it could eliminate future deficits by itself. This reasoning, if embraced, would result in staggering tax burdens and exempt us from a debate that we desperately need.

Add comment


Security code
Refresh

I am writing you this email to inform you about a horrific experience I had with a local tour operator called Days Saf ...

(FT) Uber’s attempt to pay up to $100m to settle a long-running dispute with drivers over whether they are employees ...

(FT) Argentine president Mauricio Macri’s plans to reboot the economy suffered its first big blow on Thursday when t ...

Do you believe that a Kenyan national can run Kenya Airports better than Norwegian Jonny Andersen?

Polls Advertisement