Seth Acheampong, a former Eastern Regional Minister, has praised the government’s decision to eliminate the Emissions Tax, Betting Tax, and Electronic Transfer Levy (E-Levy), saying that doing so is in the best interests of the nation.
Mr. Acheampong considered the original goals of the E-Levy while acknowledging its flaws in an interview with Channel One TV’s Breakfast Daily.
“I believe that as an administration, we introduce taxes to support our vision and the policies we campaigned on. Initially, the E-Levy seemed like a positive step,” he said.
But he acknowledged that the public’s strong hostility to the tax made it less successful.
“We all witnessed the strong opposition and challenges surrounding its introduction. Given the issues that emerged, it is not surprising that it didn’t perform as expected or generate the desired revenue,” he noted.
Acheampong views the tax’s repeal as a chance for the government to look into more efficient means of generating income.
“Its removal is quite welcoming, and I hope that the current administration will introduce more creative strategies to generate revenue for the country. If it’s gone, it’s gone; we do not need it as a country,” he added.
Source:Mybrytfmonline.com/Joseph Asare
