Come to me for Housing Fund levy lessons - Raila tells Ruto

"If you are saying it is an investment, how about the employer? What is the employer investing in?"

In Summary
  • The ODM leader said an additional tax of three per cent tax to the employer is unsustainable.
  • Raila maintained that there will not be taxation on Kenyans without representation.
ODM Leader Raila Odinga addressing the media in Kisumu after meeting elders on Thursday
ODM Leader Raila Odinga addressing the media in Kisumu after meeting elders on Thursday
Image: FILE

Azimio leader Raila Odinga has challenged President William Ruto to seek lessons from him on the Housing Fund levy.

Raila accused the government of burdening Kenyans at a time when the country is struggling economically.

The Opposition boss said the Housing Levy is an insult to Kenyans and said he should have been consulted since he knows more about Housing Levy.

"I have knowledge of Housing Levy, they should have come to me for lessons. I would have taught them because they do not know," Raila said.

"You cannot introduce an additional tax when the economy is in depression, you can't do it. Where did you get the three per cent from? If you are saying it is an investment, how about the employer? What is the employer investing in?"

The ODM leader said an additional tax of three per cent tax to the employer is unsustainable.

Raila maintained that there will not be taxation on Kenyans without representation.

Raila's sentiment comes amidst backlash of the Housing Levy, which has caused mixed reactions among Kenyans and leaders.

The opposition has on several occasions warned that the project is bound to fail because it is unachievable.

The levy is part of the proposed Finance Bill 2023 which is currently undergoing public participation. 

After Kenyans take part in public participation, the Finance Bill will be tabled in parliament before it is passed or opposed by members of the National Assembly. 

Under the proposed levy, Kenyans in formal employment would have to contribute 1.5 per cent of their basic salary as a housing levy while employers will match that.

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