Running mate of the new patriotic party, Dr. Mahamadu Bawumiah has promised corporate Ghana that an NPP government will not impose high as high as the current NDC administration has done in the past three years.
Government has imposed taxes on almost everything over the past three years. They have taxed neccessities like cutlasses, fertilizer inputs and even condoms.
“Today you have an unbelievable situation in Ghana where businesses are out on strike; businesses, which should be selling, are out on strike. Why are they on strike? Because they’ve been overburdened by taxes! And if you don’t take care, you’d be chasing the tax revenue and killing businesses and when you kill businesses, it means you are causing unemploymen
Dr. Mensa Otabli accused government of making the business environment very uncondusive for businesses to grow, saying that if Apple and Facebook had been founded in Ghana, they will not have grown as big as they have over the years.
"… this is why Nana Akufo-Addo is saying we need to mobilise financial resources. So, why are you going to be imposing VAT on financial services? It doesn’t make sense in a country which has got a very large unbanked population and we want people to bank,”