Renowned Journalist Kwesi Pratt Jnr, a year ago, took a swipe at the Vice President, Dr Mahamudu Bawumia after the government introduced new tax measures in the 2021 budget statement.
According to him, the introduction of the new taxes was not in line with the promise by the
Read full article.href='/GhanaHomePage/people/person.php?ID=3187'>New Patriotic Party (NPP) to take away taxes of businesses in order to increase the production of goods and services and thus create more jobs.
Pratt indicated that this idea was particularly championed by the vice president.
"I remember that Alhaji Dr. Mahamudu Bawumia said instead of taxation, we should use production as a means of mobilizing resources for national development. What has happened to the production? Look at these new taxes which have been introduced. What happened to the beautiful theory about production as a means of mobilizing resources?" he questioned.
Renowned Journalist and the Managing Editor of the Insight newspaper, Kwesi Pratt Jnr. has taken a swipe at Vice President Dr Mahamudu Bawumia over the new taxes announced in the 2021 budget statement of the ruling NPP government.
Contributing to a panel discussion on Peace FM's morning show 'Kokrokoo', Kwesi Pratt queried:
"I remember that Alhaji Dr. Mahamudu Bawumia said instead of taxation we should use production as a means of mobilizing resources for national development. What has happened to the production? Look at these new taxes which have been introduced. What happened to the beautiful theory about production as a means of mobilizing resources?"
Background
The Minister for Parliamentary Affairs, Osei Kyei-Mensah-Bonsu on Friday, March 12, presented the 2021 Budget Statement to Parliament.
In the budget, government has introduced six new taxes which include;
- Tax on betting/gaming
- Covid-19 Health Levy of 1% on VAT, Flat Rate Scheme (VFRS), and a 1% on National Health Insurance Levy (NHIL)
- Energy Sector Recovery Levy of 20 pesewas per litre on fuel.
