Here's a stark reality: not all governments use taxes the way they're supposed to. In Kenya, the situation flipped—tax collection actually made poverty worse. Sounds counterintuitive? The numbers tell the story. When you combine government taxation and spending patterns in Kenya, the net effect pushed poverty up by 2.7 percentage points in 2022 alone. Compare this to countries where fiscal policy works as intended—where taxes fund social safety nets that genuinely lift people out of poverty. Kenya's case is different. The burden of taxation outpaces the benefits residents receive from government transfers and services. It's a reminder that economic policy design matters. You can have all the right intentions, but if the mechanics are broken, people pay the price—literally.
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LiquidityWitch
· 9h ago
This thing in Kenya is incredible... taxes end up making the poor even poorer, which is the tragedy of mechanism design. On the other hand, many on-chain projects are the same, with high gas fees directly discouraging retail investors.
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LeverageAddict
· 9h ago
Kenya's case is really outrageous... Taxation actually worsens poverty? This is a classic example of policy design completely collapsing.
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OnChainDetective
· 9h ago
dude, kenya's tax-to-poverty ratio is literally the opposite direction... 2.7% spike in one year? that's not just bad policy, that's systematic wealth extraction masquerading as governance. traced the pattern through their fiscal statements and ngl the mechanism screams deliberate misallocation. classic rugpull but on a national scale lmao
Here's a stark reality: not all governments use taxes the way they're supposed to. In Kenya, the situation flipped—tax collection actually made poverty worse. Sounds counterintuitive? The numbers tell the story. When you combine government taxation and spending patterns in Kenya, the net effect pushed poverty up by 2.7 percentage points in 2022 alone. Compare this to countries where fiscal policy works as intended—where taxes fund social safety nets that genuinely lift people out of poverty. Kenya's case is different. The burden of taxation outpaces the benefits residents receive from government transfers and services. It's a reminder that economic policy design matters. You can have all the right intentions, but if the mechanics are broken, people pay the price—literally.