The National Assembly is set to commence debates on the Finance Bill, 2024, with the Finance and Planning Committee’s report scheduled for presentation during the second reading on Tuesday.
As the nation gears up for deliberations on the contentious Finance Bill 2024, both online and offline platforms are buzzing with activity. Kenyans, expressing widespread dissatisfaction, are organizing a sit-in at Parliament buildings to raise awareness and garner support against the proposed measures.
Criticism of the bill has been mounting, with concerns particularly focused on its potential impact on ordinary citizens. Many Kenyans fear that the proposed tax measures could exacerbate economic hardships across the country.
In response to these concerns, some lawmakers have publicly voiced their opposition to the Finance Bill. Westlands MP Tim Wanyonyi, speaking at St. Monica Catholic Church in Njiru Ward, Kasarani Constituency, affirmed his stance against the bill. He assured the congregation of his unwavering commitment to oppose any tax measures that could further burden Kenyans.
While acknowledging the necessity of taxation, Wanyonyi criticized certain provisions in the Finance Bill 2024 as unduly harsh. The bill, presented by Treasury Cabinet Secretary Njuguna Ndung’u alongside the Ksh 3.92 trillion 2024-25 Budget estimates, aims to raise Ksh 2.92 trillion domestically through various taxation initiatives.