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Ghana News

Former Ghanaian President Criticizes Government’s New Taxes

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Former President of Ghana, John Dramani Mahama, has criticized the current government for increasing taxes on Ghanaians despite promising to prioritize production over taxation.

President Nana Addo Dankwa Akufo-Addo recently approved the implementation of three new revenue taxes, including the Excise Duty Amendment Bill 2022, the Growth and Sustainability Levy Bill 2022, the Ghana Revenue Authority Bill 2022, and the Income Tax Amendment Bill 2022, which have been controversial.

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Mahama expressed concern during a tour of the Greater Accra region that the taxes have become a burden on the public, with supermarket prices skyrocketing. He criticized the government’s excessive borrowing, which he believes has led to the country’s economic troubles.

“If government had not engaged in excessive borrowing, the country wouldn’t have been in this economic mess. We are now seeking debt forgiveness from external creditors,” said Mahama.

The former president believes that the government could have avoided seeking debt forgiveness if it had controlled its borrowing.

The implementation of new taxes has been a hot topic of debate in Ghana, with many citizens expressing frustration over the government’s decision. The new taxes are expected to generate revenue for the government, but many Ghanaians are struggling to make ends meet.

Mahama’s criticism of the government’s borrowing practices and tax policies highlights the need for a more sustainable economic plan that prioritizes the well-being of Ghanaians. As the country continues to grapple with economic challenges, it is important for leaders to take into account the impact of their decisions on the citizens they serve.

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