Politics

Pay E-levy else Free SHS will be cancelled – Okyere Baafi

The Member of Parliament for New Juaben South, Michael Okyere Baafi, has warned that the rejection of the E-levy by the nation remains a risk for the country’s economy.

He contended that Ghanaians will even lose Free SHS policy for their children if they don’t accept and pay the Electronic Transaction levy (E-Levy).

“If we don’t pay the E-levy and we go to the World Bank or the IMF for loans, they will ask Akufo-Addo to cancel the free SHS which will affect your children so you must all accept the E-levy and pay it so it helps all of us,” Okyere Baafi told members of his constituency during a town hall meeting.

The controversial 1.75% e-levy proposed by government is expected to raise about Ghc6billion in tax revenue to tackle socio-economic challenges.

However, the bill is still pending in Parliament due to stiff opposition against the levy by the minority in Parliament.

Many Ghanaians, business owners, and Civil Society Organizations have also raised serious objections against the bill but government says failure to pass the e-levy will collapse the economy since the government is not willing to go to IMF.

Michael Okyere Baafi who doubles as the Deputy Trade Minister said the passage of the e-levy is crucial to stimulate the development of the country.

He told traders and taxi drivers in Koforidua that, Western countries have developed their countries through taxation but regrettably, Ghana with a population of about 30 million people, only 2.4 million pay tax to the government. This he said is a bad attitude which clearly does not develop a country.

He said e-levy will therefore widen the tax net for many Ghanaians to pay tax to government to develop the country.

Okyere Baafi urged his constituents to ignore the lies being peddled about the policy by the opposition National Democratic Congress, NDC, and the Minority in Parliament.

There was mixed reaction by the taxi drivers and traders to the policy. While some agreed others strongly stated their disapproval to the effect that e-levy will burden Ghanaians .

kasapaonline.com

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