Ruto's tax policy political problems versus his personal tax paying record before he became president

Ruto's tax policy political problems versus his personal tax paying record before he became president

Of all the troubles and threats President William Ruto's administration faces, the worst nightmare are taxes and the political backlash it continues to relentlessly unleash on him and his administration.

Just to give an example; Deputy President Rigathi Gachagua has had any remaining semblance of support in the Mount Kenya region completely wiped out. Gachagua’s predicament is Section 23 A of the Finance Act, 2023, which introduced the Electronic Tax Invoice Management System (E-TIMS). This has proven to be a major issue for many small-scale traders and farmers in Central Kenya, particularly those growing avocados.

Ruto's tax policies have raised the cost of living for Kenyans to unbearable heights, and yet this is but the beginning of the expected impact on Kenyans.

This has led many analysts to believe that it is no longer a question of if Ruto's regime will fall but when.

And yet the intricacies of Ruto's tax issues before he became president are even more interesting especially because they have always been shrouded in secrecy.

There has been plenty of whispers over the years of undeclared assets, questionable business dealings, and potential tax evasion, amongst other tax-related issues.

The truth is that William Ruto has a long and complex history with tax authorities. His financial affairs have often been under the microscope, scrutinized by both the Kenya Revenue Authority (KRA) and the public eye. Over the years, Ruto's wealth has grown exponentially, with his numerous investments in sectors such as real estate, agriculture, and hospitality contributing to his massive fortune.

However, as his wealth increased, so did the tax controversies associated with him. The KRA has repeatedly questioned the legitimacy of his wealth accumulation and the taxes paid on these assets. Despite Ruto's insistence that his wealth is a result of hard work and smart investment choices, suspicions regarding his tax compliance persisted until the day he became president.

These suspicions were not without basis. There have been instances where the tax authorities have found discrepancies in Ruto's tax declarations, leading to investigations and audits. These occurrences have served to fuel the public's curiosity and skepticism about the President's financial dealings.

While it is not unusual for a public figure to have multiple sources of income, the sheer size of Ruto's wealth has led to questions about its legitimacy and the taxes paid on it.

Secondly, there have been allegations of Ruto using his political influence over the years, to evade taxes. These allegations, while unproven, have served to tarnish his public image and increase scrutiny on his financial affairs. 

Lastly, his inconsistent tax declarations have added to fuel to the fire. In several instances, the assets declared by Ruto did not match the records held by the KRA. These inconsistencies, whether due to oversight or intentional misrepresentation, have just made things worse for those who may have wanted to clear his name.

In addition to this, there have been allegations of Ruto acquiring land illegally, further muddying the waters. The most notable of these allegations is the case involving the acquisition of a piece of land in the infamous Muteshi saga. The case, which was in the courts for over a decade, raised serious questions about Ruto's ethics and integrity.

Furthermore, there have been concerns about the transparency of his wealth declaration. The public has often been left in the dark about the extent of his wealth, leading to speculation and suspicion. This lack of transparency has undoubtedly contributed to the controversies surrounding his wealth and assets.

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