Imposing a tax on winners will assist

Last Thursday, Treasury Cabinet Secretary Ukur Yatani gave his budget speech for the upcoming fiscal year in Parliament, although we don’t anticipate much and are afraid of cabinet secretaries’ announcements.

The nation is already overtaxed! We only expect doom and gloom, and we deserve it. This year’s budget was clearly going to affect us the hardest, and we were right to follow our collective instinct. The government can even squeeze water from a dry and dense rock! The government’s next move was to tax gamblers in the same manner it did before scrapping the project.

We oppose gambling and recognize that gaming revenues alone cannot feed and clothe a person. We are also aware that most of our country’s football teams rely on betting companies for sponsorship.

The 20% tax on wins is not intended to increase money for the nation; it is intended to destroy legalised gaming. It is a moral decision that may make a religious fanatic happy.

Football as a sport cannot flourish in Kenya without obstacles. Steeplechases designed to destroy the spirit. Men in the workplace are too comfortable to consider sports. The same Football Kenya Federation that launched the 18-team league and eliminated the 16-team league in the contract with the former Kenyan Premier League Limited terminated the sponsorship from broadcast rights.

So, the clubs lost money and the evil FKF leadership had a lot of fun.

Since 2016, local football teams have had to rely completely on gambling industry funding. This has been the lifeblood of these groups, and the tax is designed to eliminate it.

The Finance Bill 2021 states that betting is subject to a 20% tax.

If passed into law, the KRA would collect Sh20 from every Sh100 risked, whether the bettor wins or loses. There is no more business in that area, therefore the corporations will reduce their sponsorship for football teams, which is a prudent financial choice.

The government’s contribution to the bruising of our football sends a clear message to all Kenyans that sports are irrelevant. It’s not even on the Big Four’s radar.

Parliament now has the ball, and we dread the thought that they may not see the purpose.

We still encourage them to reconsider and fix this annoyance.

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