Now more than ever, there is a great need to have a new tax policy that outlines the principles that will guide the Kenyan economy into prosperity. Ideas around taxation principles have been floated by various thinkers over the last few centuries. All this while, the Covid pandemic is ravaging the economy, leaving many jobless and contributing to a very restless environment. In the final analysis, a sense of balance and stability can only be achieved through a new tax policy that equally draws from all the factors of production. Through a spirit of shared responsibility, Kenya can be able to raise enough tax revenue without one party feeling overburdened.

Source: Standard Digital May 15, 2021 21:00 UTC