Source: Peacefmonline.com
Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority. |
Featured Video
In the same way there are so many people in the NDC who supports the e-levy but cannot speak out for fear of their party leaders who are against it.. We all have our opinions.
I do not think anybody is saying the e-levy is an ultimate solution to realizing revenue per se, but given our current circumstance of a massive overriding informal sector of the economy, the e-levy, through the virtues of modernity, technology, and digitalization, provides a conducive avenue to leapfrog formalization of the economy. And hence, enlarging our tax net so as to make taxation more inclusive. In the short term, this will provide us with immediate revenue to finance our long-term projects and infrastructure. Then, the previous experience of always running to the IMF for a bailout has become more of a vicious cycle than help. The disorder in the economy is a structural problem that dates back to our colonial times. We have been raw material producers for far too long to keep making the same mistakes over and over again. Therefore, we have to embrace modernity and be innovative in our approach to solving our problems. Along the side of building a strong, skilled industrial-producing economy. Thus, you have to see the e-levy along with other interventions wholistically. The vision and administration of Akufo-Addo are coherent, and we will do a lot of disservice to his good intentions if we play it down with
When President Kuffour wanted to go for HIPC many NPP members including his finance minister did not agree with him but in the end what did we see? If you don't agree say so don't use any NPP member's disagreement to make your case because that is their opinion.