Author Topic: Jimmy Wanjigi: Salaried Employee's in Kenya pay 69% in Taxes!  (Read 247 times)

Offline sema

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Jimmy Wanjigi: Salaried Employee's in Kenya pay 69% in Taxes!
« on: December 10, 2024, 07:38:01 PM »
Scroll to minute 34:20


Direct taxes? about 45%
Indirect taxes? about 24%
Total? 69%

How is this sustainable in such a poor country? Wanjigi compares kenya to France where they pay about 60% in taxes, but at least in France they get services back like free education, free high quality health care, good infrastructure, unemployment benefits, etc

Online RV Pundit

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Re: Jimmy Wanjigi: Salaried Employee's in Kenya pay 69% in Taxes!
« Reply #1 on: December 10, 2024, 08:54:33 PM »
Kenyans are not taxed.
GDP to tax rate is 15%
Kibaki left it at 21%
There are many things not taxed - like food, basic items
Again calculation of PAYE is pro-rated; the first 30k is tax at lower band; next higher; hivyo;

Scroll to minute 34:20


Direct taxes? about 45%
Indirect taxes? about 24%
Total? 69%

How is this sustainable in such a poor country? Wanjigi compares kenya to France where they pay about 60% in taxes, but at least in France they get services back like free education, free high quality health care, good infrastructure, unemployment benefits, etc


Offline Georgesoros

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Re: Jimmy Wanjigi: Salaried Employee's in Kenya pay 69% in Taxes!
« Reply #2 on: December 10, 2024, 09:34:19 PM »
Most self employed never pay taxes.
Also criminal income need to pay tax
Chasing someone whose trying to open a business for stupid tax is counter productive.

Offline KenyanPlato

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Re: Jimmy Wanjigi: Salaried Employee's in Kenya pay 69% in Taxes!
« Reply #3 on: December 10, 2024, 10:29:21 PM »
Within Marxism theory, society is divided into several classes based on their relationship to the means of production. Here are the main classes:

1. *Bourgeoisie*: The capitalist class that owns the means of production, such as factories, land, and resources. They exploit the labor of the working class to generate profits.

2. *Proletariat*: The working class that does not own the means of production and must sell their labor to survive. They are exploited by the bourgeoisie for their labor.

3. *Petite Bourgeoisie*: The middle class that owns small businesses or property but does not have enough capital to exploit the labor of others on a large scale.

4. *Lumpenproletariat*: The lowest class of workers who are often unemployed, homeless, or engaged in illegal activities. They are not a cohesive class and are often exploited by the bourgeoisie.

5. *Peasantry*: Farmers or agricultural workers who own or rent land. They can be exploited by the bourgeoisie through rent, taxes, or other means.

Marxism also recognizes the existence of other classes, such as the aristocracy and the intelligentsia, but these five classes are the main ones in Marxist theory.

Would you like me to explain any of these classes in more detail?

Offline sema

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Re: Jimmy Wanjigi: Salaried Employee's in Kenya pay 69% in Taxes!
« Reply #4 on: December 10, 2024, 11:43:54 PM »
Quote
Kenyans are not taxed.

Unasema nini wewe? He said salaried employee's

Offline gout

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Re: Jimmy Wanjigi: Salaried Employee's in Kenya pay 69% in Taxes!
« Reply #5 on: December 11, 2024, 01:03:04 AM »
Politicians are ones who shield themselves from taxes with a raises in their salaries and allowances; kickbacks and tenders. Plus lifetime pension of leeching.

Half retail prices of beer and alcohol is taxes; over Kshs. 100 fuel is taxes; Mpesa charges excise duty;

The destruction and lack of incentives to grow the hasora economy dreaming about Adani foreign investors has seen VAT start falling.


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The decline resulted in a Sh2.37 billion deficit, attributed to lower contributions from sectors such as Administrative & Support, Electricity, Oil & Gas, Finance, Professional & Scientific, Transport, and Wholesale & Retail Trade, which typically contribute about 33 percent of domestic VAT.

These sectors accounted for 14.7 percent of turnover sales, while inputs showed only a slight growth of 0.5 percent.

Domestic VAT was one of four tax categories under the Domestic Tax Department (DTD) that recorded weak revenue collection in October.

The private sector’s Pay As You Earn (PAYE) remittances also fell short by Sh1.21 billion, mainly due to large taxpayer office (LTO) clients using refunds to offset liabilities and reduced monthly cash payments per employee.

Further, Domestic Excise Duty fell by Sh573 million, impacted by lower remittances from manufacturers of beer, bottled water, tobacco, and soft drinks.

Excise duty on money transfers also declined by Sh728 million, attributed to decreased transaction values in the banking sector.

Non-oil taxes underperformed as well, with a Sh2.87 billion deficit, achieving a 93.7 percent performance rate.

Import duty, Excise duty, VAT, and Import Declaration Fee (IDF) on standard imports saw respective shortfalls of Sh266 million, Sh814 million, Sh2.25 billion, and Sh405 million due to reduced revenue per Twenty-Foot Equivalent Unit (TEU), increased exemptions, and lower non-oil import values.

KRA noted an overall decline in revenue collection from Ju
https://www.capitalfm.co.ke/business/2024/11/domestic-vat-drops-26-3-amid-decline-in-key-sector-remittances/
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine