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E-levy Is Lazy Man's Economics - Jinapor Schools Opong-Nkrumah [Video]

John Jinapor, NDC MP for Yapei-Kusawgu constituency has explained to Kojo Oppong Nkrumah and the majority in parliament that E-levy is regressive.

He told Kojo Oppong Nkrumah that momo is not about purchases. "when I send a GHC1000 cedis via momo to my son to buy books, this government will charge 1.5% of the 1000 cedis" when the son also decides to pay for the book through momo another 1.5% E-levy tax would be taken again. Click here to watch

He further explained that, even when paying VAT through purchases, one would be charged an extra 1.5% VAT simply because they are paying with momo.

The MP added that there are three levels of taxation; Wages and salaries, Consumption, and Wealth. He then questioned whether sending money falls under any of those three categories? Jinapor asserted that taxing momo transfer amounts to insensitivity in the highest order. Click here to watch the video

Honorable Jinapor concluded that was a lazy man's economics and that the debate was not about E-levy but about who stands with the people of Ghana and who stands against them. He urged Ghanaians to note that the NDC stands with them and will vote against E-levy.

TC.Oceans

Content created and supplied by: TC.Oceans (via Opera News )

Jinapor John Jinapor Kojo Oppong Nkrumah NDC Yapei-Kusawgu

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