How to tax the mega-rich Kenyans with little pain

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A tax of up to three percent on less than 1,900 richest Kenyans could raise enough money to hire over 138,000 teachers and nurses. FILE PHOTO | AFP

A tax of up to three percent on less than 1,900 richest Kenyans could raise enough money to hire over 138,000 teachers and nurses.

As Oxfam’s inequality report Survival of the richest shows, the world’s super-rich meeting in Davos are increasingly becoming richer even as tens of millions of slide into poverty.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.