Matiangi Proposes Scrapping Housing Levy and Raising Tax-Free Income
Matiangi plans to scrap housing levy, raise tax-free income
Fred Matiang’i, Jubilee presidential flagbearer, has proposed economic measures to ease the burden on Kenyans.
He plans to scrap the housing levy and raise the threshold for tax-free income to KSh35,000.
Economic Relief
- Scrapping the housing levy to add disposable income
- Raising tax-free income to boost household spending
Matiangi also cited public spending, bureaucracy, and corruption as major challenges, calling for bold action to tackle the country’s economic issues.
Source: Nairobi Wire. AI-assisted summary.