Mornah proposes tax discrimination

Government has for weeks now indicated there will be an imposition of new taxes on goods and services. The new tax increases are intended to generate revenue to develop the economy.

Nonetheless, critics have raised concerns about the new tax imposition and called on the government to review its decision. Bernard Mornah, General Secretary of the People’s National Convection (PNC), has appealed to the government to check the imposition of taxes on certain products in the country.

Speaking on Oman FM on Monday, Mr. Mornah noted with seriousness the need for the government to do tax discrimination in order to improve the lives of the underprivileged society.

He explained that it is incumbent on the government to provide incentives to local producers in the country.

Being particular about cutlass sellers, Bernard Mornah expressed worry over their inclusion in the new tax net, stating that it will serve as a disincentive to them should government impose new taxes on the production of cutlasses in the country.

To him, “If the taxes that we have imposed on the cutlasses are supposed to discourage importation of cutlasses, I will go all for it.

He hoped the new tax increments will help boost domestic productivity.

“Taxes are necessary, but whiles other people are using taxes as a way of boosting domestic productivity – as a way of taking control of their economy; our taxes are the opposite… Let’s do tax discrimination.”

Source: GhanaWeb

You may like

Kennedy Agyapong has had his fine reduced to $500

Blow to Anas Aremeyaw: Kennedy Agyapong dodges $18m bullet, court slashes damages to $500

Peter Turkson

Ghana’s Peter Turkson among key contenders as Vatican eyes next pope

Chop bar

Foreign aid fails Ghana’s chop bar workers, new findings reveal

Qatar opens Quran centre in Accra

Qatar-funded Al-Mustafa Mosque opens in Accra as new centre for worship and Quranic studies

Ghana military leaders in Zimbabwe

Ghana military delegation tours Zimbabwe’s model waste facility

Ghana's economy is recovering

Ghana’s inflation eases again as stronger cedi boosts economic recovery

Public notice
WP Radio
WP Radio
OFFLINE LIVE