Airtime, financial transaction levies dethrone ‘sin taxes’ as new KRA excise duty cash cow

For a long time, the taxman’s basket of excise taxes was nearly full of collections from individuals who could hardly resist a nicotine rush or a sip of the frothy stuff. 

Because excise taxes were drawn mainly from cigarettes and alcohol they were christened ‘sin taxes’. But the government has since found a new cash cow for excise taxes.