The minority in parliament has said they will resist every effort by the government to increase VAT by 2.5 per cent adding that the increment will worsen the cost of living for Ghanaians.
According to Haruna Iddrisu, the Minority Leader, the president has no moral right to increase VAT after he led the demo in 1995 for the same tax increment that claimed five lives.
Speaking at a press conference, he said, “Whilst whittling away the little we have as a country in this intransigent manner, the Akufo-Addo/Bawumia government has decided to pile more hardships on the people of Ghana through the introduction of more taxes in the 2023 Budget presented to Parliament.”
The Finance minister, Ken Ofori Atta read the 2023 budget to Parliament in November with VAT expected to increase by 2.5% from next year.
Source: Mybrytnewsroom.com/Kwabena Nyarko Abronoma