@DonaldBKipkorir 4. Higher taxes may trigger another round of deadly demonstrations by the Gen Z. Kenyans can't bear anymore the brunt of such actions, the economy has suffered a lot and this have ramifications to the EAC regional grouping etc.
@DonaldBKipkorir 3. Hidden costs : Govts in in Developing Countries (DCs) usually have limited capacities to collect higher taxes especially from the rich and may choose to printing more money versus financially prudent mechanisms such as raising taxes or pursuing necessary fiscal policy reforms.
@DonaldBKipkorir 1. Printing money is a process of increasing money supply in the economy.
2. Effects: If you print more money the price levels will escalate rapidly people will stop using Kenya's currency and resort to barter trade or ask to be paid in US Dollar.
πΆπ¨βπΎ Waziri wa kilimo Mh. Hussein Bashe amesema wizara yake italeta sheria ya wakala wa huduma za ugani nchini ambapo itaweka takwa la wamiliki wa maduka ya pembejeo kuajiri wauzaji wa pembejeo na washauri wa kilimo ambao wamesomea masomo ya kilimo. #BASHE