African Dictator & US Ally William Ruto: Huge Protest(Unprecedented) in Kenya #RejectFinanceBill2024

[tru_m.a.c]

I hear this is a response to a tax policy related to the IMF.


another reason why we need ultra wealthy black individuals.

 

[King Static X]

What's the tax policy?

 

[Nkrumah Was Right]

I hear this is a response to a tax policy related to the IMF.


another reason why we need ultra wealthy black individuals.

Sarcasm?

 

[Nkrumah Was Right]

What's the tax policy?

What are Kenya's controversial tax proposals?

What did the orginal bill propose?​

• Taxes on basic items

The bill initially proposed to introduce a 16% sales tax on bread and 25% duty on cooking oil.
There was also a planned increase in the tax on financial transactions as well as a new annual tax on vehicle ownership amounting to 2.5% of the value of the vehicle.
In response to public opposition, the government said it would drop these measures.

• The eco levy

A charge on products that contribute to waste and harm the environment was another key provision of the bill that the government has now suggested amendments to.
Critics pointed out that it would lead to the increase in the cost of essential items such as sanitary pads. They said many girls already unable to afford these products often miss school during their periods.
Babies' nappies would also be affected.
The government then said the levy would apply only to imported products.
The eco levy was also aimed at digital products, including mobile phones, cameras and recording equipment. But many Kenyans say they rely on these products, essential to the digital economy, for their livelihoods.

What are some of the measures that remain untouched?​

• Tax on specialised hospitals

The finance bill introduces a 16% tax on goods and services for the direct and exclusive use in the construction and equipping of specialised hospitals with a minimum bed capacity of 50.
Many Kenyans worry that this could mean higher healthcare costs.
The chairman of the parliamentary finance committee, Kuria Kimani, has called claims that the bill would tax cancer patients "falsehoods".

• Higher import fees

The bill proposes to increase the rate of import taxes from 2.5% to 3% of the value of the item, to be paid by the importer.
The rise comes just a year after the rate was reduced from 3.5% to 2.5%. Protesters say the changes would lead to higher prices for imported products.

 

[Nkrumah Was Right]

 

[Nkrumah Was Right]

 

[loyola llothta]

 

[loyola llothta]

 

[Nkrumah Was Right]

Ruto himself is a dangerous criminal.

The ICC charged him:

Ruto and Sang

 

[BaggerofTea]

Sarcasm?

I was thinking that wealthy blacks could off set some of the imf debt

But forgetting that these numbers are in the 10s of billions

 

[Nkrumah Was Right]

I was thinking that wealthy blacks could off set some of the imf debt

But forgetting that these numbers are in the 10s of billions

Just Kenya alone has around $13-14 billion in IMF/World Bank debt. What black billionaire has enough liquid capital to bail out Kenya (and what they seek to gain in exchange for that debt relief)?

 

[loyola llothta]

 

[loyola llothta]

 

[Nkrumah Was Right]

They found him and beat him up!

 

[Nkrumah Was Right]

The roof sniper