Author Topic: HK - not looking good for Uhuru  (Read 2338 times)

Offline RV Pundit

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HK - not looking good for Uhuru
« on: July 02, 2020, 04:49:22 PM »
Look like tax to gdp is falling

Offline KenyanPlato

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Re: HK - not looking good for Uhuru
« Reply #1 on: July 02, 2020, 05:19:47 PM »
Look like tax to gdp is falling

GDP is growing duh? it means Uhuru has taxed the economy less which is a good thing.. You are looking for any straw

Uhuru and Ruto fallout is political not policy related. Uhuru thinks Ruto Character is flawed. When a drunkard thinks someone character is flawed it a clear indication the person is rotten to the core. Get hold of yourself pundit. it is 2 years to elections and you are all over the place

Offline RV Pundit

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Re: HK - not looking good for Uhuru
« Reply #2 on: July 02, 2020, 05:41:55 PM »
This forum may die if I get hold of myself.

GDP is growing duh? it means Uhuru has taxed the economy less which is a good thing.. You are looking for any straw

Uhuru and Ruto fallout is political not policy related. Uhuru thinks Ruto Character is flawed. When a drunkard thinks someone character is flawed it a clear indication the person is rotten to the core. Get hold of yourself pundit. it is 2 years to elections and you are all over the place

Offline Nowayhaha

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Re: HK - not looking good for Uhuru
« Reply #3 on: July 02, 2020, 07:17:51 PM »
Look like tax to gdp is falling

GDP is growing duh? it means Uhuru has taxed the economy less which is a good thing.. You are looking for any straw

Uhuru and Ruto fallout is political not policy related. Uhuru thinks Ruto Character is flawed. When a drunkard thinks someone character is flawed it a clear indication the person is rotten to the core. Get hold of yourself pundit. it is 2 years to elections and you are all over the place

I think Pundits emphasize is on the collection itself. Tax to GDP ratio is a very important barometer to measure the economic policy of a country and where it is heading to .
Quote
https://www.investopedia.com/terms/t/tax-to-gdp-ratio.asp

What Is a Tax-To-GDP Ratio?

A tax-to-GDP ratio is a gauge of a nation's tax revenue relative to the size of its economy as measured by gross domestic product (GDP). The ratio provides a useful look at a country's tax revenue because it reveals potential taxation relative to the economy. It also enables a view of the overall direction of a nation's tax policy as well as international comparisons.

KEY TAKEAWAYS

The tax-to-GDP ratio is a measure of a nation's tax revenue relative to the size of its economy.This ratio is used with other metrics to determine how well a nation's government directs its economic resources via taxation.Developed nations typically have higher tax-to-GDP ratios than developing nations.

Understanding the Tax-To-GDP Ratio

Taxes are a critical measure of a nation’s development and governance, and the tax-to-GDP ratio is used to determine how well a nation's government directs its economic resources. Higher tax revenues mean a country is able to spend more to improve infrastructure, health, and education—keys to the long-term prospects for a country’s economy and people.

Tax Policy and Economic Development

According to the International Monetary Fund, developing countries should have a tax-to-GDP ratio of at least 15%, to ensure they have the money necessary to invest in the future and achieve sustainable economic growth. Developed countries generally have a far higher ratio. The average among members of the Organisation for Economic Co-Operation and Development was 34% in 2018.

According to one theory, as economies become more developed and incomes rise, people generally begin to demand more services from the government, whether in health care, public transportation or education. This would explain, for example, why the tax-to-GDP ratio in the European Union, at an average of 40%, is so much higher than in Asia-Pacific, where in 2017 no country had a ratio as high as the OECD average of 34%.

 

1:55

Tax-To-GDP Ratio

The Direction of Tax Policy

Policymakers use the tax-to-GDP ratio to compare tax receipts from year to year because it offers a better measure of the rise and fall in tax revenue than simple amounts. Tax revenues are closely related to economic activity, rising during periods of faster economic growth and declining during recessions. As a percentage, tax revenues generally rise and fall faster than GDP, but the ratio should stay relatively consistent barring extreme swings in growth.

However, in cases of significant shifts in tax law or during severe economic downturns, the ratio can shift dramatically. For example, according to the OECD, the U.S.'s tax-to-GDP ratio fell in 2018 by the most among all OECD members. This was mostly a result of the $1.5 trillion tax cut signed by President Donald Trump a year earlier.

At 24%, the U.S. ratio ranked 32nd among the OECD's 36 members. France had the highest ratio at 46%, followed by Denmark and Belgium, each at 45%. Mexico was the lowest at 16%
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Offline hk

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Re: HK - not looking good for Uhuru
« Reply #4 on: July 02, 2020, 11:40:29 PM »
Look like tax to gdp is falling
Uhuru is the worst president kenya  has ever had and now he's just exacerbating the situation. I voted for him on the belief that since as minister of finance he did pretty well that as a president he could expound and even do better. But we were duped, its like that seinfeld episode when estelle  constanza was duped she's not Chinese !!. We thought uhuru was running finance but it was joseph kinyua and the old man(kibaki) who were running treasury.

Offline KenyanPlato

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Re: HK - not looking good for Uhuru
« Reply #5 on: July 03, 2020, 01:19:31 AM »
Look like tax to gdp is falling
Uhuru is the worst president kenya  has ever had and now he's just exacerbating the situation. I voted for him on the belief that since as minister of finance he did pretty well that as a president he could expound and even do better. But we were duped, its like that seinfeld episode when estelle  constanza was duped she's not Chinese !!. We thought uhuru was running finance but it was joseph kinyua and the old man(kibaki) who were running treasury.

You are not that stupid to think that uhuru was smart. Kenyans have intelligence  below average. It didn't help an educated kenyatta found the biggest bimbo in muhoho family to marry.

You voted for uhuru due to tribalism.  You had hoped the state would be open for you and others to eat off it. Uhuru took it for himself and left you all with the bag

Offline gout

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Re: HK - not looking good for Uhuru
« Reply #6 on: July 03, 2020, 07:16:20 AM »
Chinese/Wanjohi family and friends companies getting all taxes/government businesss are not paying taxes. Micro enterprises on their death bed. Taxes don't grow on trees. With corona it is going to shrink even further.

You can't rig the economy. With Rotich under the bus, I expect Yattani to start getting thereats before being fired liked Kiunjuri and replaced by a praise singer or maybe Mama Nyakua.

https://www.theelephant.info/op-eds/2019/11/15/i-dont-understand-why-kenyans-are-broke-mr-kenyattas-debt-distress-revisited/
I underestimated the heartbreaks visited by hasla revolution

Offline hk

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Re: HK - not looking good for Uhuru
« Reply #7 on: July 03, 2020, 07:40:54 AM »

You are not that stupid to think that uhuru was smart. Kenyans have intelligence  below average. It didn't help an educated kenyatta found the biggest bimbo in muhoho family to marry.

You voted for uhuru due to tribalism.  You had hoped the state would be open for you and others to eat off it. Uhuru took it for himself and left you all with the bag
Kenyanplato I have never worked or done business with government. I and most kenyans just want a stable, predictable and conducive environment to prosper. And despite all the obstacles we're thriving. All uhuru had to do is follow kibaki's decent (not stellar or exceptional) economic blueprint , you don't need to be a genius to do that.

Offline RV Pundit

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Re: HK - not looking good for Uhuru
« Reply #8 on: July 03, 2020, 08:17:50 AM »
KNBS a few years ago quietly recalculated GDP raising agriculture to 30% plus from usual 25% by increasing the gate prices..the agriculture sector is not taxed..so could be GDP cooking Nigeria style.Could be data manipulation from Zach Mwangi like they did census.. inflating kikuyus numbers and suppressing others mostly the somalis.Welcome to Nigeria data corruption

Offline audacityofhope

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Re: HK - not looking good for Uhuru
« Reply #9 on: July 03, 2020, 12:46:17 PM »
KNBS a few years ago quietly recalculated GDP raising agriculture to 30% plus from usual 25% by increasing the gate prices..the agriculture sector is not taxed..so could be GDP cooking Nigeria style.Could be data manipulation from Zach Mwangi like they did census.. inflating kikuyus numbers and suppressing others mostly the somalis.Welcome to Nigeria data corruption
You helped this administration win by  either encouraging or voting for it in person 3 times between 2013 and 2017,  who are you complaining to?

Offline KenyanPlato

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Re: HK - not looking good for Uhuru
« Reply #10 on: July 03, 2020, 01:15:29 PM »

You are not that stupid to think that uhuru was smart. Kenyans have intelligence  below average. It didn't help an educated kenyatta found the biggest bimbo in muhoho family to marry.
 Hard to belief that you thought Ruto and uhuru could continue kibaki policies. Uhuru has always been a deadbeat. An alcoholic alcoholic. Kibaki nepotism but in a position he was never qualified for. Anyway Kenya is a joke and I know most of guys run to avoid effect of 2008 financial meltdown in USA
You voted for uhuru due to tribalism.  You had hoped the state would be open for you and others to eat off it. Uhuru took it for himself and left you all with the bag
Kenyanplato I have never worked or done business with government. I and most kenyans just want a stable, predictable and conducive environment to prosper. And despite all the obstacles we're thriving. All uhuru had to do is follow kibaki's decent (not stellar or exceptional) economic blueprint , you don't need to be a genius to do that.

Offline RV Pundit

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Re: HK - not looking good for Uhuru
« Reply #11 on: July 03, 2020, 01:32:15 PM »
What kind of nonsense and logic is that. So if you vote somebody in - you lose the license to criticize them. We vote people based on promises they make. If they don't deliver - we are free to disembark at any point - including the 2nd day after voting them.
You helped this administration win by  either encouraging or voting for it in person 3 times between 2013 and 2017,  who are you complaining to?

Offline audacityofhope

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Re: HK - not looking good for Uhuru
« Reply #12 on: July 03, 2020, 02:12:24 PM »
As long as you choose to be a zombie and a blockhead voting machine you won't see any logic in what I wrote. In you own words you just posted "KNBS A FEW YEARS AGO quietly recalculated GDP raising agriculture to 30% plus from usual 25%"... meaning you picked up this chicannery not weeks, not months but years ago, possibility on the "2nd day". When you vote an administration in and it fails to deliver, what do you as the voter do? You vote it out the next time around. This is how Trump will be a one-term president. Voters will do one better than just criticizing Trump, they will vote him out. That is their noble duty, those who understand it. But knowing all that what did you do? You went on to vote Uhuruto twice more in 2017. And you continue posting without flinching an eyelid as a wanjiku eti you are playing your part. Eti you are disembarking from Uhuruto to Ruto?? Shameless ethnocentric politics. We stopped buying it on this forum and told you to your screen...

What kind of nonsense and logic is that. So if you vote somebody in - you lose the license to criticize them. We vote people based on promises they make. If they don't deliver - we are free to disembark at any point - including the 2nd day after voting them.
You helped this administration win by  either encouraging or voting for it in person 3 times between 2013 and 2017,  who are you complaining to?

Offline audacityofhope

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Re: HK - not looking good for Uhuru
« Reply #13 on: July 03, 2020, 02:33:46 PM »

You are not that stupid to think that uhuru was smart. Kenyans have intelligence  below average. It didn't help an educated kenyatta found the biggest bimbo in muhoho family to marry.

You voted for uhuru due to tribalism.  You had hoped the state would be open for you and others to eat off it. Uhuru took it for himself and left you all with the bag
Kenyanplato I have never worked or done business with government. I and most kenyans just want a stable, predictable and conducive environment to prosper. And despite all the obstacles we're thriving. All uhuru had to do is follow kibaki's decent (not stellar or exceptional) economic blueprint , you don't need to be a genius to do that.
You have a Finance minister without a clue at how budget figures were arrived at, telling the whole country "it was a Computer error"; someone paid by the tax-payers, paid by Wanjiku, giving that as an explanation, surely...A computer error is all you can tell Wanjiku?... as @plato has put it, you must be stupid if as a voter you cannot expect to be treated with a little more respect and a better explanation. You then come telling us here that Kamwana "as minister of finance did pretty well"?  :o
FYI during the grand coalition negotiations Kibs wouldn't let go of certain ministries... Finance is one dept he directly oversaw ... at such I submit that whoever occupied that seat was a mere place-holder.

Offline RV Pundit

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Re: HK - not looking good for Uhuru
« Reply #14 on: July 03, 2020, 02:46:22 PM »
Not everyone is a single issue kind of guy. It depend on your threshold. Uhuru does not enjoy the support of majority of Jubilee anymore after he passed the threshold by kissing NASA-raila. We consider Raila an inimical threat to our country economy and future. Whatever Uhuru did in JUbilee 1.0 - was okay - we could live with it.
As long as you choose to be a zombie and a blockhead voting machine you won't see any logic in what I wrote. In you own words you just posted "KNBS A FEW YEARS AGO quietly recalculated GDP raising agriculture to 30% plus from usual 25%"... meaning you picked up this chicannery not weeks, not months but years ago, possibility on the "2nd day". When you vote an administration in and it fails to deliver, what do you as the voter do? You vote it out the next time around. This is how Trump will be a one-term president. Voters will do one better than just criticizing Trump, they will vote him out. That is their noble duty, those who understand it. But knowing all that what did you do? You went on to vote Uhuruto twice more in 2017. And you continue posting without flinching an eyelid as a wanjiku eti you are playing your part. Eti you are disembarking from Uhuruto to Ruto?? Shameless ethnocentric politics. Bure kabisa.

What kind of nonsense and logic is that. So if you vote somebody in - you lose the license to criticize them. We vote people based on promises they make. If they don't deliver - we are free to disembark at any point - including the 2nd day after voting them.
You helped this administration win by  either encouraging or voting for it in person 3 times between 2013 and 2017,  who are you complaining to?

Offline audacityofhope

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Re: HK - not looking good for Uhuru
« Reply #15 on: July 04, 2020, 08:05:44 AM »
If you understood MLK's "content of character" quote/speech, you would know character is not a single value - it is a bedrock value - a pointer to what your other 'values' are. If by "day 2" (your words not mine) you had picked out this flawed character, you would not have swallowed that lie, hook, line and sinker of "kumi zangu, kumi za Ruto". Day 2 has turned into 2020, endelea kula ujeuri wako
P.S. was it necessary to bring in raila when we are debating someone else? We do remember you were once a raila supporter... ... Here @KenyanPlato is spot on when he tells you to "Get hold of yourself pundit. it is 2 years to elections and you are all over the place"
Not everyone is a single issue kind of guy. It depend on your threshold. Uhuru does not enjoy the support of majority of Jubilee anymore after he passed the threshold by kissing NASA-raila. We consider Raila an inimical threat to our country economy and future. Whatever Uhuru did in JUbilee 1.0 - was okay - we could live with it.
As long as you choose to be a zombie and a blockhead voting machine you won't see any logic in what I wrote. In you own words you just posted "KNBS A FEW YEARS AGO quietly recalculated GDP raising agriculture to 30% plus from usual 25%"... meaning you picked up this chicannery not weeks, not months but years ago, possibility on the "2nd day". When you vote an administration in and it fails to deliver, what do you as the voter do? You vote it out the next time around. This is how Trump will be a one-term president. Voters will do one better than just criticizing Trump, they will vote him out. That is their noble duty, those who understand it. But knowing all that what did you do? You went on to vote Uhuruto twice more in 2017. And you continue posting without flinching an eyelid as a wanjiku eti you are playing your part. Eti you are disembarking from Uhuruto to Ruto?? Shameless ethnocentric politics. Bure kabisa.

What kind of nonsense and logic is that. So if you vote somebody in - you lose the license to criticize them. We vote people based on promises they make. If they don't deliver - we are free to disembark at any point - including the 2nd day after voting them.
You helped this administration win by  either encouraging or voting for it in person 3 times between 2013 and 2017,  who are you complaining to?