Friday, April 27, 2012

CRA Revenue allocation formular


Kenya is a country of firsts on many fronts,we have the fastes runners and I think this is catching up with our intelligence too.Some MPs in the eastern and north eastern parts of kenya are crying wolf over thr CRA'S Revenue Allocation Formular.....They say population should not be given the 60% weight it has, they may be right. They however should not brush of the population factor. It should still carter for a good chunk of the allocation formular. They should realise the effect of domestic tax on the total revenue collected in the country. Do they know that a huge chunk of kenyas revenue is from domestic tax. Meaning, dispite the need for regional balance Nairobi still needs working on. Those who leave in Nairobi should not be forced to sacrifice their would have been better life as they have a right to it through the tax they pay. No one should take this to mean I consider the formular fair, not at all. We Know North Eastern needs roads schools and hospitals to attaract populations just like Nairobi and many other urban centers that promise better service through better infrustarcture....A re-look at the CRA revenue allocation formular is needed.

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