{"id":35009,"date":"2022-01-25T18:15:12","date_gmt":"2022-01-25T18:15:12","guid":{"rendered":"https:\/\/www.kumasionlinegh.com\/?p=35009"},"modified":"2022-01-25T18:15:13","modified_gmt":"2022-01-25T18:15:13","slug":"ndc-remains-opposed-to-burdensome-taxes-mahama","status":"publish","type":"post","link":"https:\/\/www.kumasionlinetv.com\/?p=35009","title":{"rendered":"NDC remains opposed to \u2018burdensome\u2019 taxes \u2013 Mahama"},"content":{"rendered":"\n<p>Former President John Dramani Mahama says the National Democratic Congress (NDC) remains opposed to the introduction of new taxes in the 2022 Budget Statement and Economic Policy.<\/p>\n\n\n\n<p>Speaking during the closing session of Members of Parliament\u2019s 2022 Caucus Retreat on Monday, the ex-President said businesses will bear the brunt of the burdensome taxes that have been imposed on Ghanaians as a result of the government\u2019s excessive spending.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"799\" height=\"533\" src=\"https:\/\/www.kumasionlinegh.com\/wp-content\/uploads\/2022\/01\/51840916777_b28553bcf6_c.jpg\" alt=\"\" class=\"wp-image-35011\" srcset=\"https:\/\/www.kumasionlinetv.com\/wp-content\/uploads\/2022\/01\/51840916777_b28553bcf6_c.jpg 799w, https:\/\/www.kumasionlinetv.com\/wp-content\/uploads\/2022\/01\/51840916777_b28553bcf6_c-410x274.jpg 410w, https:\/\/www.kumasionlinetv.com\/wp-content\/uploads\/2022\/01\/51840916777_b28553bcf6_c-768x512.jpg 768w, https:\/\/www.kumasionlinetv.com\/wp-content\/uploads\/2022\/01\/51840916777_b28553bcf6_c-450x300.jpg 450w, https:\/\/www.kumasionlinetv.com\/wp-content\/uploads\/2022\/01\/51840916777_b28553bcf6_c-750x500.jpg 750w\" sizes=\"auto, (max-width: 799px) 100vw, 799px\" \/><\/figure><\/div>\n\n\n\n<p>\u201cThe NDC remains opposed to the imposition of the numerous fresh taxes on Ghanaians at a time when the government is living large and unwilling or unable to trim expenditure, cut waste and check corruption.\u201d<\/p>\n\n\n\n<p>\u201cThese burdensome taxes will erode business capital, especially at a time when the government has crowded out the private sector\u2019s access to credit by its voracious appetite for borrowing. The Ghanaian economy has been collapsed by President Nana Akufo-Addo and Dr. Mahamudu Bawumia,\u201d said the President.<\/p>\n\n\n\n<p>Among the announcements in the 2022 budget is the 1.75 percent electronic transaction levy and at least 15 percent increment in&nbsp;<a href=\"https:\/\/citinewsroom.com\/2021\/11\/charges-on-government-services-to-go-up-by-at-least-15-in-january-2022\/\"><strong>fees and charges of government services, among others.&nbsp;<\/strong><\/a>Transactions covering mobile money payments, bank transfers, merchant payments, and inward remittances will have the levy imposed on them and will be borne by the sender.<\/p>\n\n\n\n<p>However, the levy will be waived for transactions that amount to GH\u00a2100 or less in a day or approximately GH\u00a23,000 per month.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"799\" height=\"533\" src=\"https:\/\/www.kumasionlinegh.com\/wp-content\/uploads\/2022\/01\/51841969883_1e30d59b22_c.jpg\" alt=\"\" class=\"wp-image-35012\" srcset=\"https:\/\/www.kumasionlinetv.com\/wp-content\/uploads\/2022\/01\/51841969883_1e30d59b22_c.jpg 799w, https:\/\/www.kumasionlinetv.com\/wp-content\/uploads\/2022\/01\/51841969883_1e30d59b22_c-410x274.jpg 410w, https:\/\/www.kumasionlinetv.com\/wp-content\/uploads\/2022\/01\/51841969883_1e30d59b22_c-768x512.jpg 768w, https:\/\/www.kumasionlinetv.com\/wp-content\/uploads\/2022\/01\/51841969883_1e30d59b22_c-450x300.jpg 450w, https:\/\/www.kumasionlinetv.com\/wp-content\/uploads\/2022\/01\/51841969883_1e30d59b22_c-750x500.jpg 750w\" sizes=\"auto, (max-width: 799px) 100vw, 799px\" \/><\/figure><\/div>\n\n\n\n<p>The government says portions of revenue collected from the levy will be used to support entrepreneurship, youth employment, cybersecurity, digital, and road infrastructure, among others.<\/p>\n\n\n\n<p>However, the Minority has challenged the new taxes, saying it is a rip-off and a lazy approach to raising revenue.<\/p>\n\n\n\n<p><strong>Send your news stories to\u00a0<a href=\"mailto:dannyboy744@gmail.com\">dannyboy744@gmail.com<\/a>\u00a0and via WhatsApp on +233 266777777<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former President John Dramani Mahama says the National Democratic Congress (NDC) remains opposed to the introduction of new taxes in the 2022 Budget Statement and Economic Policy. Speaking during the closing session of Members of Parliament\u2019s 2022 Caucus Retreat on Monday, the ex-President said businesses will bear the brunt of the burdensome taxes that have [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":35013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"iawp_total_views":0,"footnotes":""},"categories":[40],"tags":[],"class_list":["post-35009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NDC remains opposed to \u2018burdensome\u2019 taxes \u2013 Mahama - Kumasi Online TV<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kumasionlinetv.com\/?p=35009\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NDC remains opposed to \u2018burdensome\u2019 taxes \u2013 Mahama - Kumasi Online TV\" \/>\n<meta property=\"og:description\" content=\"Former President John Dramani Mahama says the National Democratic Congress (NDC) remains opposed to the introduction of new taxes in the 2022 Budget Statement and Economic Policy. 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