Minority rejects reduced rate of E-Levy<\/b><\/p>\n We need E-Levy to fill revenue gaps, create jobs – Ken Ofori-Atta<\/p>\n Only 2.4 million people pay taxes in Ghana \u2013 Finance Minister<\/p>\n Minister of Finance, Ken Ofori-Atta, has described the position taken by the minority caucus in parliament in opposing the passage of the Electronic Transaction Levy as misplaced.<\/p>\n According to him, the introduction of the E-Levy has become necessary to assist government to fill in revenue gaps and address the growing disparity of taxpayers.<\/p>\n Speaking at the town hall meeting on February 2, Ken Ofori-Atta said, \u201cSo I think the NDC\u2019s stance about not having the E-Levy may be misplaced\u2026It is not because they are not patriotic, but when we do the numbers, you will realise that clearly, we are at a point in our nation\u2019s history that we need to do things differently.\u201d<\/p>\n \u201cTo be able to cross the issues that are confronting us, such as youth unemployment, which affects all of us and really goes to the dignity of people who are home, and the issue of our debt, so that we can start mobilising our resources\u2026 to be able to do that [we must] ensure that all of us contribute,” he continued.<\/p>\n \u201cSo, the argument could be killed immediately if you say that\u2026we have only 2.4 million people contributing taxes for the whole nation\u2026Now that can\u2019t be right, you know that,\u201d the finance minister pointed out. <\/p>\n Meanwhile, the Minority caucus in parliament and cross-section of the public have condemned and rejected the introduction of the E-Levy. <\/p>\n The Minority side of the House is also reported to have on January 28, 2022 rejected a reduced rate of the E-Levy from 1.75 percent to 1.5 percent maintaining that the Bill in its current form will be detrimental to jobs, businesses, and erode gains made towards financial\/digital inclusion.<\/p>\n View his Timepath below:<\/b><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Finance Minister, Ken Ofori-Atta Minority rejects reduced rate of E-Levy We need E-Levy to fill revenue gaps, create jobs – Ken Ofori-Atta Only 2.4 million people pay taxes in Ghana \u2013 Finance Minister Minister of Finance, Ken Ofori-Atta, has described the position taken by the minority caucus in parliament in opposing the passage of the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[2099,2087,4170,4171,2089,4172],"class_list":["post-975558","post","type-post","status-publish","format-standard","category-business","tag-elevy","tag-ken","tag-minoritys","tag-misplaced","tag-oforiatta","tag-stance"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/975558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=975558"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/975558\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=975558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=975558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=975558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Finance](\"https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/867\/86773030.295.jpg\" "\\"Finance")
Finance Minister, Ken Ofori-Atta<\/span><\/span><\/p>\n<\/div>\n