Since the Finance Minister-Ken Ofori Atta, announced the Government's proposed Electronic Transaction tax On 17th November 2021, Ghana has since not been the same.
The announcement of the e-levy has since divided Ghanaians; causing brawl in Parliament, and generating heated arguments among Ghanaians in Ghana and on Social media.
The Electronic Levy (E-levy), which is to take effect from 1st February 2022, is a charge of 1.75% on electronic transactions above GHs 100. The levy according to the Finance Minister, would apply to electronic transaction like mobile money payments, bank transfers, merchant payments, and inward remittances.
The Electronic Levy, also known as the Momo tax, since its presentation before the floor of parliament, has caused some clashes between the Majority and the Minority causes during voting for its approval
Currently, there are ongoing town-hall meetings, by the Finance Minister, to educate and convince Ghanaians; and also to explain the importance of the well-talked about Mobile Money tax.
There are also some comments from the President and some government officials, to assure the public, and to remind us of the importance of the E-levy.
President Nana Akufo-Addo in a recent social midia post, has also called on Ghanaians to support the government’s decision to introduce the 1.75% electronic levy.
According to the president, the e-levy, when approved would help the government to mobilize revenue to improve the country’s road infrastructure while providing job opportunities for the unemployed youth in the country.
Hearing the president say this, reminds me of he and Dr. Bawumia's numeral promises ahead of the 2016 elections.
We still remember the comments of Nana Addo and Dr. Bawaumia when they needed power. The two on various platforms said many things, and if they have forgotten...we Ghanaians still remember them all.
Speaking on Peace FM in August 2020, Dr. Bawumia said "...I dont think mobile money should be taxed, because most of the people who use the service, are poor people, and so if you put more taxes on it, they will suffer".
Nana Addo and Dr. Bawumia again promised to move Ghana from 'taxation to production'... and that 'taxation is a lazy man's approach', if so...why then is the Government trying to introduce E-levy today? Is the E-levy not a tax?
The Fact is, we have reach a stage, where we no longer fear taxes, but the promises from our leaders. The many failed promises from our leaders; is our major fear, and not the e-levy.
When they promised 'A' while in opposition, and couldn't deliver whiles in power...they are still promising. 'B'. We need to fear them now...especially their new promises on the e-levy.
If Dr. Bawumia didnt think mobile money should be taxed, because most of the people who use the service, are poor people, and that putting more taxes on mobile money services would cause the poor in Ghana, to suffer, why is mobile money tax coming now...do they now want the poor Ghanaians to suffer?
Again...if taxation according to Nana Addo and Bawumia is a lazy man's approach, could that means, that the Nana Addo-Bawumia government is a lazy government?
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