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November 23rd , 2024

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DR. BAWUMIA PROMISES TO REVERSE E-LEVY, EMISSIONS TAX AND BETTING TAX.

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Politics

9 months ago



In a surprising turn of events, Vice President Mahamudu Bawumia of Ghana, speaking at the University of Professional Studies auditorium in Accra today, pledged to abolish several taxes, including the emissions levy, betting tax, and the controversial electronic transaction levy (e-levy). This announcement comes amidst mounting public discontent over these fiscal measures, particularly considering the Vice President's involvement in their implementation as part of the current administration.

Addressing the gathered audience, Vice President Bawumia reiterated his commitment to scrapping these taxes, emphasizing the significance of eliminating the e-levy for advancing towards a cashless economy. However, his reassurance was met with skepticism and raised eyebrows, given his government's initiation of these very measures aimed at bolstering fiscal stability.

Ghanaians have voiced serious concerns about the Vice President's sudden reversal on these tax policies, questioning the rationale behind his shift in stance. Many citizens are perplexed by how a key figure within the administration responsible for introducing these taxes is now advocating for their removal, raising doubts about the government's consistency and responsiveness to public sentiment.

Critics have seized upon this apparent contradiction, accusing the Vice President of political expediency and opportunism. They argue that such reversals undermine the government's credibility and erode trust among the populace.

However, the Vice President Bawumia is of the view that the decision to abolish these taxes reflects a genuine commitment to addressing the concerns and aspirations of Ghanaians. He emphasized the importance of responsive governance and pledged to work towards policies that promote economic growth and alleviate financial burdens on citizens.

As the debate surrounding tax reforms continues to intensify, Vice President Bawumia's announcement marks a pivotal moment in Ghana's fiscal landscape. The government faces mounting pressure to address public discontent and restore confidence in its economic policies as the country navigates through uncertain times.

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