New taxes could hurt the economy

Taxation experts are pessimistic about the proposals to introduce new taxes on

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certain goods and services.

Recently the NRM committee proposed Value Added Tax on milk, supply of new computers, a tax on private school and 20% levy on unprocessed minerals among others.

However, former shadow finance minister Okello Oduman says government should tread carefully on the issue because the role of taxation is not just to raise money but for provision of social services.