By Faith Kwagala
The government has proposed 50 new tax changes under the 2026/2027 Tax Amendment Bills, aiming to raise about Shs4.8 trillion. Officials say the move is necessary to address growing financial pressure caused by heavy borrowing for infrastructure such as roads, dams, and the Standard Gauge Railway.However, critics warn that the new taxes could increase the cost of living, especially for low-income earners. Traders and small business owners fear higher taxes on basic goods like sugar and cooking oil may reduce profits and strain household budgets.Economists note that while the government needs revenue to fund public services, balancing taxation without overburdening citizens remains a major challenge. The proposals are expected to be debated in Parliament.