During the 2016 election campaign, the current Vice-President, Dr Mahamudu Bawumia heralded a call – a move away from taxation to production, because, as he argued then, Ghanaians were being overtaxed.
But with time the government faltered, and mismanagement sapped the momentum of the economy.
Stuck between a rock and a hard place, the government decided to inflict more economic pain on Ghanaians, by introducing the most regressive tax law ever thought of in Ghana in recent memory, the Electronic Transfer Levy Act, 2022 (Act1075) known as E-Levy, to be charged on all electronic transactions including Mobile Money.
Source: Ghana Business News
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