The General Secretary of the National Democratic Congress (NDC) Mr. Johnson Asiedu Nketiah, has reacted to the 2022 Budget Statement and Economic Policy which was presented today by Minister of Finance, Mr. Ken Ofori-Atta.

According to him, cancelling road tolls just to introduce a new tax on electronic transactions is a clear indication of the fact that the budget was not prepared to favour the poor.

He also stated that “cancelling the road toll and then bringing e-tax is a very regressive move.”

Talking to the press after the presentation of the budget, Mr. Asiedu Nketiah stressed that it is very wrong for government to make plans to maximize revenue at the expense of people who are overtaxed.

He noted that if any government wants social justice and social equity, that government will tax those who have money in times like this, and give stimulus packages to those who don’t have money. He quickly added that unfortunately for Ghanaians, the Akufo-Addo government is doing the opposite.

He however noted that he is happy that the Minister spoke about the need to tap into property rates because it’s a very progressive way of taxing.

He explained that, it is good that Government is considering the aforementioned option because there is real estate boom in the Ghanaian economy.

The 2022 Budget Statement and Economic Policy which was presented today by Minister for Finance, Mr Ken Ofori-Atta, has been receiving several reactions from Ghanaians.

Most of them believe that the 1.75% e-tax is too harsh and must not be implemented.

Source: InsiderGH.com

           

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