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Home Politics

“E-Levy is a draconian tax” – NDC communications officer.

by Admin@yagbon
February 3, 2022
in Politics
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The Communications Officer of the National Democratic Congress (NDC), for the Bole-Bamboi constituency, Mr Amantana Bashiru, has expressed his disappointment at the attempt by the government to have Ghanaians accept E-Levy and possibly have it passed by Parliament.

According to him,  their desperate attempt clearly shows that it is a government that lacks ideas to generate revenue for the development of the country.

On November 17, 2021, Finance Minister, Ken Ofori-Atta, announced the introduction of a 1.75% tax on all electronic transactions during the 2022 Budget Statement presentation to parliament.

According to him, this new directive forms part of strategies to widen the country’s tax net.

He added that the 1.75% tax is also to enhance financial inclusion and protect the vulnerable in the country.

The E-Levy since its announcement by the Finance Minister has received public backlash from some Ghanaians especially Members of Parliament from the Minority Caucus.

At a recent town hall engagements the Minister outlined a number of modifications to the Bill and announced that the government continued to engage stakeholders on the bill ahead of resubmission to Parliament.

But speaking on Yagbon Radio Morning show ( Tea Cup), on Thursday February 03, 2022, Mr. Bashiru stated that government has to render account of monies collected from previous taxes, loans and bonds before going to Ghanaians about the E-levy.

Mr Bashiru, also bemoaned about the government continuous use of the luxurious private jet.

“The amount of money this government is spending on this luxurious travels can be channeled to other areas of the economy as the NDC will continuously oppose this draconian tax,” he said.

He also noted that ‘nowhere in the world are savings taxed’ because taxes have already been taken from incomes.

Source: yagbonradioonline

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