Ashanti Regional Chairman for the New Patriotic Party (NPP), has emphatically stated that they will win the 2024 election with ease with the introduction of Electronic Transaction Levy Bill (E-Levy).
As a result, he warned Mr. Franklin Cudjoe, President of Imani Ghana, to avoid spreading “lies” about the law.
Chairman Wontumi claimed that, progress does not come from the sky and that the Akufo-Addo-led administration can only accelerate development in the COVID era through taxation.
“We can only develop through taxation, which is why the E-Levy is on the table.” The entire world has a problem; even America has increased taxes, and the same is happening in the United Kingdom.” said Chairman Wontumi.
NPP to win 2024 elections
Chairman Wontumi maintained that deep down in Mr. Cudjoe’s heart, he knows the NPP would win the 2024 election and that has triggered the diabolic agenda he is spearheading for the National Democratic Congress (NDC).
“He knows NPP is going to win the 2024 elections. If he loves Ghana, then he must support the E-Levy because it is the only way we can get more money to create employment”, Chairman Wontumi advised.
Finance Minister, Ken Ofori-Atta says the levy will increase the country’s tax-to-GDP from 13% to a targeted 16% or more.
However, MPs from the Minority have reiterated their resolve to fight against the passage of the E-levy Bill. According to them, government’s decision to impose a 1.75% levy on all electronic transactions will collapse local businesses and deepen hardship in the country.
The Majority however, are of the opinion that, if passed, the levy will shore up revenue to fund developmental initiatives in the country.
Source: GhanaWish.com