By EDITORIAL More by this AuthorOne of the most unpopular proposals in this year’s budget is the decision to remove the tax exemptions for retirees. He is, of course, the one who unveiled the measures that see the retirees, aged 65 and above, get reduced dues should Parliament approve the proposal. The retirees see this as a scheme to make their lives more miserable despite having sacrificed a lot. In other words, the retirees feel that this move amounts to double taxation. Raiding the retirees’ pensions could only be justified as a last resort after the wanton wastage in public spending and tax evasion are curbed.
Source: Daily Nation June 17, 2020 21:11 UTC