John Dramani Mahama, a former president of Ghana, has lamented the country’s increasing tax burden on its citizens.
Mahama 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.
As part of his visit to the Greater Accra region, John Mahama addressed delegates in the Trobu constituency and emphasized that the people are now burdened by taxation.
Prices at different supermarkets have risen, and the government has broken its pledge to shift from taxing to production to the point that nearly everything is now subject to taxation, according to Mr. Mahama.
Mr. Mahama criticized the government for asking its external creditors for debt forgiveness.
Mahama contends that if the government had kept its borrowing under control, this could have been avoided.
If the government had not participated in excessive borrowing, the nation wouldn’t be in this economic situation. Ex-President Mahama stated, “We are now requesting debt relief from external creditors.