Farouk Kibet: Ruto's Aide Says Govt To Revise Finance Bill 2024 To Introduce More Taxes On Alcohol

• President William Ruto's close personal aide, Farouk Kibet, defended the contentious Finance Bill 2024
• Farouk said the introduction of more taxes by the Kenya Kwanza administration is the only way to stabilise the economy
• Ruto's aide advocated for the introduction of more taxes on alcoholic products, saying it would help fight illicit brew

Amos Khaemba, a journalist at TUKO.co.ke, brings over three years of experience covering politics and current affairs in Kenya.

President William Ruto's close aide, Faruk Kibet, has joined the ongoing debate on the tax proposals in the Finance Bill 2024.

Why Kenyans should be taxed more

Speaking on Sunday, May 19, Faruk slammed leaders who are opposing the tax measures being introduced by the Kenya Kwanza government.

Farouk hinted that the government is making amendments to the bill already tabled before the National Assembly.

Farouk stated that Ruto would not burden Kenyans by allowing more taxes on bread.

However, the president's close aide told Ruto about the introduction of more taxes on alcoholic products as a way of fighting illicit brews in the country.

"If the president wants to end the alcohol menace, he should add more taxes on alcohol,, not bread. We are supposed to tax alcohol more. But you will be surprised to see even Christians opposing taxes on alcohol. We need to introduce more taxes so as to generate revenue but not on bread," Farouk said.

Azimio threatens mass protest over Finance Bill 2024

Meanwhile, Azimio la Umoja One Kenya Coalition Party warned the Kenya Kwanza government against pushing for the passage of the proposed Finance Bill 2024.

Wiper Party leader Kalonzo Musyoka rallied opposition MPs to reject the contentious bill when tabled in parliament.

Kalonzo threatened mass action if the Kenya Kwanza administration ignored Kenyans' concerns and implemented the bill as it is, just like they did with the Finance Bill 2023.

What you need to know about Finance Bill 2024

• Finance Bill 2024 proposes a KSh 2 million penalty for small businesses not complying with KRA's eTIMS.
• List of income tax, VAT, and excise duty changes proposed in Finance Bill 2024.
• List of online businesses and freelancers targeted for tax in Finance Bill 2024.
• President William Ruto defended the new tax measures, saying that the country lags behind in terms of tax ratio to revenue.
• The Edible Oil Sub-Sector of the Kenya Association of Manufacturers strongly opposed the proposed 25% excise duty on vegetable oils.

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Farouk Kibet speaking a function in Kakamega county.

Farouk Kibet: Ruto's Aide Says Govt to Revise Finance Bill 2024 to

Government will revise Finance Bill 2024 to introduce more taxes; Ruto