While f*ckers are still on debt and tax driven economy : *GHANA SHIFTS ATTENTION FROM TAX DRIVEN ECONOMY TO PRODUCTION DRIVEN ECONOMY*

#43
Even smale scale f*ckers are not speared by the beast aka 666 aka Huduma f*cker:

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The traders with businesses that have an annual turnover of below Sh5 million, will be expected to pay a new presumptive tax computed at the rate of 15 per cent of their annual permit fee.


According to the Kenya Revenue Authority (KRA), the presumptive tax is supposed to bring on board taxpayers who are outside the net.


The tax was supposed to be implemented yesterday. However it is facing challenges after KRA failed to draw up on time the modalities that are supposed to ease its implementation.

https://www.standardmedia.co.ke/business/article/2001308161/uhuru-s-plan-to-tax-2-7-million-hustlers
 
#45
But kenya we are too dip in shit I do not know how we can come out. The new constitution bloated govt wage bill, those making policies can not dare come up with something like this becoz they know their will be no cash to pay them. Second hindrance are the developed countries who want to do bizness with us. For instance, IMF wants loan us money and dictate of how we will be taxed to pay them.
 
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#48
Sorry, you'll have to be disappointed coz I am already done with lunch. Lakini nikuulize ni juu niliku- correct jana, au ni juu I called out your cock and bull 8k shoe burning story?

No you just have to die,whether what i said was right or wrong what does that have to do with your life.Nikikwambia saa hii nimeinama boxer ikataruka,why would be concerned with that
 
#51
*GHANA SHIFTS ATTENTION FROM TAX DRIVEN ECONOMY TO PRODUCTION DRIVEN ECONOMY*

While some African countries are considering increasing Value Added Tax (VAT) also known as Goods and Services Tax (GST), GHANA is already thinking outside the box.

To save us the boredom of reading long stories, let me summarize here:

*Ghana has abolished VAT/GST on real estate sales.

*Ghana has abolished VAT on financial services.
*Ghana has abolished capital gains tax on sales of shares on the stock exchange.
*Ghana has abolished import duty on spare parts.

*Ghana has abolished the 1% import levy.
*Ghana has abolished VAT on domestic airline tickets.

*Ghana has reduced very significantly VAT on small traders from 17.5% to 3%.
*Ghana is going to abolish all import duty on raw materials and machineries imported into Ghana.

*Ghana is embarking on a massive industrialization drive called One District, One Factory. And there are 216 districts in Ghana. There is now a focus on production.

*Now, Ghana has two major advantages: power issues sorted out and a peaceful democracy.
Ghana with a population of 28 million generates 4,577MW as at 2017. Nigeria with a population of 200 million generates 5,500MW and Sierra Leone generates below 500MW. Meanwhile, Ghana is currently working on 2 power plants- a 400MW LNG-fired plant and a 600MW plant being built by Siemens.

Others are thinking. Rwanda has taken the lead. Ethiopia has put on its thinking cap. Ghana has started an upward trajectory.

*Small portion of a big thing is big and a big portion of small thing is still small*

*FOOD FOR THOUGHT*.
We are a service led economy. I hope your figures on Ghana are accurate, if so then congrats to them.
 
#52
Kenya is a country made up of many resilient fools. From our so called professionals down to wanjiku. First of all we missed the bus by not changing the system in 2010 from a presidential to a parliamentary system of govt. We keep fighting and polarising ourselves for presidency yet that nonsense would have ended. with a true parliamentary system. No need for mwananchi to be hoodwinked into voting a useless n ineffective president while killing each other. You only concentrate on your mp. Party numbers in parliament determine who forms the next govt. Again we were given a constitution that trippled the size of govt and their bloated salaries.
Second, that fool rotich and the so called treasury mandarins are downright incompetent and leading an equally clueless tax body kra. Always thinking increase in taxes is an increase in growth. Kra right now is hoping to increase vat by denying or intimidating businesses into not claiming input vat by introducing vaa. Is that even a strategy? Rotich came up with presumptive tax. What nonsense. He should infact abolish even installment tax, and those capital gains shit.
 
#55
What makes you sure?
What makes you think they would undertake such project without a proper plan.Does it take an angel to know there would be challenges of sustaining their expenditure without collecting revenues in term of tax,hence plan in advance on how to deal with situations as they arise.
My thought is that they already have money set aside for that purpose.
Those are my thoughts you bugger
 
#56
What makes you think they would undertake such project without a proper plan.Does it take an angel to know there would be challenges of sustaining their expenditure without collecting revenues in term of tax,hence plan in advance on how to deal with situations as they arise.
My thought is that they already have money set aside for that purpose.
Those are my thoughts you bugger
The most common approach is usually to cut down the size of the government by doing away with unnecessary bodies/commissions, increasing efficiency and even letting go of redundant staff members or government agencies as a whole. The way New Zealand went about with it.
 
#57
But kenya we are too dip in shit I do not know how we can come out. The new constitution bloated govt wage bill, those making policies can not dare come up with something like this becoz they know their will be no cash to pay them. Second hindrance are the developed countries who want to do bizness with us. For instance, IMF wants loan us money and dictate of how we will be taxed to pay them.
This thiefs have moles everywhere including here who will totally dismiss you when you point out that we are on the verge of collapsing. The red eyed guy has done us more harm than good.
 
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