MP slams Ghana taxing regime


Mining in Ghana

from RUSSEL ADADEVOH in Accra, Ghana

ACCRA – GHANA’s poor economic performance is forcing the embattled government to impose new taxes in order to raise capital, a development that has turned to worsen the plight of the poor, a local legislator has said.

Speaking during Parliamentary budget debate in Accra, Deputy Minority Leader and New Patriotic Party (NPP) Member of Parliament (MP) for Bimbilla, Dominic Nitiwul, argued that a host of taxes being formulated and imposed to economically struggling people were not a healthy sign of economic growth.

Nitiwul said Ghanaians were subjected to unfair taxes in the face of economic woes ranging from ballooning unemployment, frequent power outage, depreciation of Cedi against the US Dollar as well as delapidating infrastructure.

He argued that the implementation of any new taxes would not revive the economy.

He accused the ruling National Democratic Congress (NDC) of reneging its election campaigns for 2008 when it promised to reduce tax on the already over burdened nation.

“Mr Speaker, this government is taxing everything that it sees from condoms, cutlasses, water and very soon will even tax sex.

“We must tell government in the face that the taxes are becoming too much piling up more suffering on the people even though it promised in its manifesto not to impose any more tax when it comes to power,” he said.

“There is no hope for Ghanaians and they must now tighten their belts because the IMF will be dictating to government to implement more ‘stringent’ policies, which will bring further hardship to Ghanaians,” Nitiwul said.

However, NDC legislator for Tamale South, Haruna Iddrisu, who is also the Minister for Employment and Labour Relations, shot down Nitiwul’s contribution as “unfair” to the government’s initiatives to better Ghanaians’ lives.

– CAJ News






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Posted by on Nov 28 2014. Filed under Featured, Finance, Finance & Banking. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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