The 2016 running mate of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has criticised government tax policy, promising to scrap it when his party is voted into government in this year’s election.
According to Dr. Bawumia, “An NPP government will build the most business friendly and most people friendly economy in Africa. This means that job creation will be at the heart of economic policy. A lot of the other taxes we are seeing today will be scrapped”.
Dr. Bawumia, who was addressing students and lecturers of the E.P. College of Education, Amedzofe, in the Volta region on Wednesday, 1st June, 2016, also said “We will reduce the tax burden on our people and businesses so that they can employ more people and introduce a Tax Credit scheme for Companies that employ fresh graduates so that we will increase the employment of fresh graduates”.
Dr Bawumia, who appeared critical of the tax directives of the President Mahama administration asserted that “…anything they think they can impose taxes on, they are imposing taxes on it – even if they think they could impose taxes on the air we breathe today, they would have imposed taxes on it” adding that “…the government imposed taxes on condoms, cutlasses, savings; today they are imposing taxes on pensions and allowances”.
Bawumia pointed out that the government is resorting to taxes to enable it generate revenue to “fill the deep hole their incompetence and corruption had dug. In their desperation to fill the hole they have dug.”
While maintaining that the taxes imposed by the government are hurting Ghanaians and the economy, he added that “…they [government] do not even understand that this is actually hurting the economy but they are so desperate for revenue that they are not even thinking about the economy.”
By: Abu Mubarik/ghanadecides.com/Ghana