John Dramani Mahama, a former president of Ghana, has lamented the country’s increasing tax load on its citizens.
He asserts that the New Patriotic Party (NPP) has broken its pledge to shift from taxing to production.
This follows the president’s decision to sign three additional contentious income taxes into law. President Nana Addo Dankwa Akufo-Addo made this decision.
The Growth and Sustainability Levy Bill, 2022, the Ghana Revenue Authority Bill, 2022, and the Income Tax Amendment Bill, 2022 were all passed by Parliament on Friday, March 30.
Speaking to delegates in the Trobu constituency as part of his tour in the Greater Accra region, John Mahama stressed that the taxes have become a burden for the public.
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“Prices at the various supermarkets have skyrocketed, government has reneged on its promise of moving away from taxation to production, to the extent that even betting is taxed, almost everything is taxed now,” Mr. Mahama said.
Mr. Mahama slammed government for seeking debt forgiveness from its external creditors.
He claims this could have been prevented if government had controlled its borrowing.
“The country wouldn’t have been in this economic mess if government had not engaged in excessive borrowing. We are now seeking for debt forgiveness from external creditors,” ex-President Mahama asserted.
