1.75% E-levy Tax: Don’t Oppose Everything Just Because of Politics –Ato Forson & Minority Told

Minority Members in Parliament have opposed the 1.75% electronic transaction levy tax; saying it's too high and will worsen the hardship Ghanaians are already going through.

Finance Minister, Ken Ofori-Atta presenting the 2022 Budget Statement in Parliament on Wednesday, November 17, 2021, announced an Electronic Transaction Levy tax (E-levy) of 1.75%.

Speaking to the media after the budget presentation, Cassiel Ato Forson vowed that they will oppose this and other ‘killer taxes’ in the 2022 budget.   

“We are seeing that they are going to introduce a special tax on Mobile Money. We have served notice through our Minority Leader that the Minority Caucus of Ghana’s Parliament will stand by the ordinary Ghanaian in opposing this MoMo tax. These new taxes will bring suffering to Ghanaians who have already been choked with taxes. The Electronic Transaction Levy will not only increase hardships but will significantly compromise inward remittance which is relied upon by many Ghanaians,” the Member of Parliament (MP) for Ajumako-Enyan-Esiam Constituency said.

In a one-on-one interview on Peace FM's morning show 'Kokrokoo', Information Minister, Kojo Oppong Nkrumah urged the MP to put politics aside and rather focus on the benefits.

" . . that was the same way they opposed the Communication Service Tax; they tagged it 'Talktime' tax . . . one would think when they came to power, they will abolish it but they didn't and rather benefitted from it . . . if revenue handles are introduced and it's good we all need to support it because it will benefit everyone; even if they come to power. I don't think we need to oppose everything just because of politics; rather we should support it and ensure that it is used to construct more roads," he indicated.

Listen to him in the video below