Amsterdam News has been reporting the news of the day from a Black perspective for 113 years. Donors who choose to give monthly or annually will receive Amsterdam News’ Weekly E-Edition and acclaimed weekday newsletter Editorially Black to their inbox!Get the top Racial Equity stories of the day from America’s most influential oldest continuously published Black newspaper, serving the nation’s largest Black and brown community. Sign up to stay connected.
Kenya owes billions of dollars to Western countries and the International Monetary Fund as well as China, to whom it owes $5.7 billion. The proposed taxes would have affected every segment of society but especially students, the unemployed, poor, and working-class people. The bill proposed taxing everything from income and fuel to essential items like eggs, sanitary napkins, and disposable diapers.
Yet, for many Kenyans, the deficit hinges not on taxation, but on rampant corruption at every level of government, financial mismanagement, and lavish consumption among political elites.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CBSNews - 🏆 87. / 68 Read more »