Government back-bencher, Odinga Lumumba has sought to justify keeping the Value Added Tax (VAT) at 16 percent, saying it is a vital source of revenue that has helped provide tax-breaks and increase in old age pension, among other benefits in this year’s proposed $208.8B budget.
“If VAT were to be lowered, the 15% old age pension could not have been increased… the money has to come from somewhere…