Greatest Mistake made in this budget is tax burden on the farmer. An ordinary farmer in the village will be no more and therefore food security will get to its highest level. A farmer is going to pay tax on a hoe, seed, sprayer, fertiliser, pesticide, salt, sugar and paraffin. This will automatically faze out the small scale farmer who is the major supplier for food. Commercial farmers in Uganda are less than 10% and most of them plant cash crops. So who is going to feed this country if a small scale farmer(80%) is fazed out. The presidents gospel of promoting Agriculture will have no impact since this tax policy is meant to punish the farmer who is already earning nothing. In the long run the country will be hit by famine and may start looking for supplies from neighbouring countries. My Advise to My dear President, instead of taxing agri-inputs to affect food security, you shd increase taxes on luxuries. FOR GOD AND MY COUNTRY.
Posted on: Thu, 19 Jun 2014 12:24:00 +0000
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