The E-levy is the most regressive tax I have ever seen – Ato Forson [+VIDEO]

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Cassiel Ato Forson,
Cassiel Ato Forson,

The representative of the people of the Ajumako-Enyan-Esiam Constituency in Parliament Cassiel Ato Forson has described the E-levy being introduced by Government as regressive. 

It could be recalled that the Minister for finance in presenting the 2022 budget statement I Parliament introduced a new tax termed ” E-levy ” which is seeking a 1.75% of every mobile money transaction as tax.

Speaking during a debate in Parliament on the 2022 budget statement, the lawmaker described the E-levy as a super regressive tax that is seeking to impose unbearable hardship, pain and suffering on poor Ghanaians.

“Mr. Speaker, the mobile money tax is the most regressive tax I have ever witnessed in my life, regressive in the sense that it is not going to support the ordinary Ghana.

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Mr. Speaker, the regressive tax is not going to help us. The remittances are not taxable and should not be taxable. Remittances are not only our brothers and sisters coming from the diaspora that are remitting money into the economy, investors remit money to grow their businesses and what you’re seeking to do is to prevent Ghana from getting foreign direct investment.”

 

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SOURCE : Coverghana.com.gh / Lawson Wodoto

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