By Rédaction Africa Links 24 with the-star.co.ke
Published on 2024-01-17 14:39:59
President William Ruto reiterated his willingness to face criticism over taxes rather than allowing the country to succumb to debt during his visit to the Masinde Muliro Market in Kitale on Wednesday. He emphasized his commitment to creating employment through the Affordable Housing Scheme and expressed his readiness to bear the nickname “Zakayo” if it meant preventing Kenya from falling into debt.
Ruto addressed the public’s reaction to the proposed Housing Levy in May 2023, where he was compared to Zacchaeus from the Bible. This comparison stemmed from the Biblical story of Zacchaeus, a despised tax collector who climbed a sycamore tree to see Jesus. The President appeared to embrace this comparison, acknowledging the need for the youth to gain employment, even if it meant being referred to as “Zakayo”.
Defending the government’s tax measures, Ruto emphasized that the real problem facing the country is not taxes, but rather the burden of debt. He warned that unchecked borrowing could lead Kenya down a path of economic dependence, citing examples of other African countries suffering due to unpaid debts. Ruto stressed the importance of managing the country’s debt and borrowing levels to ensure Kenya’s financial independence, highlighting that sustained development can be achieved through responsible tax policies.
In his address, the President underlined the crucial role of taxes in nation-building, emphasizing that no nation has been destroyed by taxes, but many have prospered by implementing effective tax policies. He underscored the need for Kenya to break free from the bonds of debt and borrowing, asserting that the country’s future prosperity hinges on its ability to manage its financial responsibilities.
Ruto’s remarks reflect his commitment to addressing the economic challenges confronting Kenya, emphasizing the importance of responsible fiscal policies to safeguard the country’s autonomy and drive sustainable development. His stance demonstrates a determination to prioritize the long-term economic well-being of the nation over short-term concerns.
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