By Brian Said Iha,
June 5, 2026
Former Deputy President Rigathi Gachagua has launched a scathing attack on the Finance Bill 2026, describing the proposed budget measures as a “twin evil” that will further burden Kenyan workers through increased statutory deductions and taxes.
Speaking during a press briefing on behalf of the Democracy for the Citizens Party (DCP), Gachagua accused the government of introducing policies that continue to erode household incomes at a time when many Kenyans are struggling with the high cost of living.
He argued that salaried workers are increasingly taking home less money due to multiple deductions imposed on their earnings.
“Between PAYE, SHIF, NSSF and the Housing Levy, Kenyan workers are losing between 30 and 45 per cent of their gross salary before the money reaches their pockets,” said Gachagua.
The former deputy president also raised concerns over the country’s growing debt burden, questioning the government’s borrowing strategy despite rising debt-servicing obligations.
“Kenya is spending about Ksh1.1 trillion every year on interest payments alone, yet the government continues borrowing,” he said.
Gachagua further linked the country’s economic challenges to what he termed as poor fiscal policies, claiming that economic growth has slowed significantly in recent years.
According to him, rising taxes and levies have contributed to increased production costs, reduced purchasing power and slowed economic activity.
He also warned that additional fuel-related taxes could trigger further increases in the cost of goods and services across the country.
“A medium-sized family’s basic shopping basket has risen from about Ksh14,000 in 2022 to nearly Ksh25,000 today. More taxes on fuel will only worsen the situation for ordinary Kenyans,” he said.
The DCP leader announced that his party would present alternative proposals aimed at easing the tax burden on citizens while promoting economic growth.
Rather than simply opposing the Finance Bill, he said the party intends to offer policy alternatives that focus on protecting household incomes and stimulating investment.
Gachagua also turned his attention to the 2027 General Election, urging Kenyans dissatisfied with the current administration’s economic policies to express their views through the ballot.
“We ask Kenyans to persevere and make their decision through the ballot in the next General Election,” he said.
The criticism comes as the National Treasury continues to defend the Finance Bill 2026, arguing that the proposed measures are necessary to expand the tax base, finance development programmes and reduce reliance on external borrowing.
Debate over the bill is expected to intensify in the coming weeks as Parliament begins considering its provisions amid growing public scrutiny and political opposition.
