The National Taxpayers Association (NTA) is lobbying for the introduction of a ‘net worth tax’ on the superrich with the aim of netting in excess of Sh100 billion from the individuals.
The proposal contained in a report by NTA, The Potential and Justification for Taxing Wealth in Kenya, argues that this move would be a considerable way of mobilising resources domestically, compared to leaning on debts.
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The National Taxpayers Association (NTA) is lobbying for the introduction of a ‘net worth tax’ on the superrich with the aim of netting in excess of Sh100 billion from the individuals.
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By Graham Kajilwa