The Presidential Candidate of the National Democratic Congress (NDC), John Dramani Mahama, has pledged to eliminate certain controversial taxes within the first 100 days if he is elected in the 2024 general elections.
Among the taxes targeted for removal are the e-levy, the COVID levy, the 10% levy on bet winnings, and the emissions levy.
Mr. Mahama emphasized that scrapping these taxes would help alleviate the economic hardships faced by many Ghanaians and reduce the high cost of doing business in the country.
During the launch of the NDC’s 2024 Manifesto in Winneba on Saturday, August 24, Mahama declared, “Within the first 100 days of my administration, we will eliminate these burdensome taxes to provide relief to the people and make it easier to do business.”
In addition to removing these taxes, Mr. Mahama also committed to eliminating import duties on vehicles and equipment brought into the country for industrial and agricultural purposes, as part of his broader economic plan.
To further cushion the populace against economic challenges, Mr. Mahama promised to utilize the Price Stabilization and Recovery Levy on fuel to stabilize fuel prices. He also plans to rationalize port fees to ease the burden on importers and reform the VAT system to provide relief for households and businesses.
This includes reversing the VAT flat rate regime, which has been a significant strain on many Ghanaians, especially small businesses.
John Mahama’s economic plan, as outlined in the manifesto, reflects his commitment to making structural changes to improve the economic conditions for Ghanaians, with a focus on reducing taxes and implementing reforms that would benefit both consumers and businesses.
Story by: Emmanuel Romeo Tetteh(#RomeoWrites) / Ahotoronline.com
