- In a statement on his social media platform(X), Hinga highlights the adverse effects of these policies on the economy, businesses, and individuals.
Media personality Polycarp Hinga has recently voiced his concerns regarding the high taxation policies implemented by President William Ruto's government in Kenya.
Hinga, a well-known critic of the current administration, argues that the government's relentless pursuit of increased revenue through taxation is inadvertently oppressing the Kenyan people.
In a statement on his social media platform(X), Hinga highlights the adverse effects of these policies on the economy, businesses, and individuals.
"We are in a tax death spiral. He raises taxes on fuel and essential commodities too fast, too soon, expecting to get more revenue. Still, the effect is that people spend less, use their cars less, and cut down on things they consider luxury and the income they project to get less," posted Hinga.
Hinga further criticizes President Ruto for failing to explore alternative methods of revenue generation that do not burden the Kenyan population. Instead of finding innovative solutions, the government continues raising taxes, exacerbating the situation.
"Instead of evaluating and thinking "hmmmm... that didn't work", he raises taxes even more, and the people cut back spending even more, businesses close down, companies cut down on staff, and the revenue he projected to get gets even less, leading to a people with no jobs, prospects and no ability to pay taxes. A country with an impoverished population and a government with nowhere to collect revenue ... and the revenue he projected to raise is not there anymore." he added.
Hinga's sentiments are particularly relevant in the current economic climate, as Kenya faces significant challenges due to skyrocketing living costs.
The rising expenses are compounded by the increased fees for government services, such as acquiring identification documents like National IDs, birth and death certificates, and passports.
These additional financial burdens on the population further contribute to the economic hardships faced by the people.