Profile picture
Kwame Owino @IEAKwame
, 10 tweets, 2 min read Read on Twitter
Folks, I look at all national papers covering this VAT on fuel news and think it's nothing but "Manufactured rage".
The reason I call this manufactured rage is that the time to have expressed this rage was four years ago when public sounding started rising by 200-300 billion every year, with parliament's approval
So all this handwriting going and rolling in the ashes is theatre for those who don't pay attention.
The horse of rising taxation and tax rates left the gates when government spent the money years back.
What we are all angry about now is that we didn't realize that taxes already rose when we had deficits of 7-8% annually
So we should save all that moralizing and know that whether the law passed today or is deferred, expenditure was already made and the taxes rates effectively rose four years ago.
And it isn't true that folks at Treasury are arrogant. They are just calling parliament's bluff by asking, "How dare you freeze tax rises when you already approved the expenditures?"
In conclusion, the @IEAKenya informs you that the surest signal of your taxes is what government spends, not when the Finance bill is passed.
So if you care not to pay "oppressive" taxes, it may help to comb through all tea new loans being raised for extending SGR, stadiums and power connections to nowhere.
"Thu tinda". 😉
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Kwame Owino
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($3.00/month or $30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!