Sports activities journalist Dan Kwaku Yeboah is asking on the federal government to keep up the betting tax regardless of the finance minister’s assurance that the levy can be cancelled.
Yeboah believes that as a substitute of scrapping the controversial betting tax, the funds generated may very well be used to develop sports activities within the nation. He’s, subsequently, urging President John Mahama and Finance Minister Dr. Cassiel Ato Forson to rethink their stand.
Based on him, sustaining the betting tax will allow the federal government to create extra jobs for the youth via funding in sports activities growth tasks.
The taxes we acquire from betting, as a substitute of cancelling it let’s channel it into sports activities growth… After we spend money on sports activities it would succeed. It’s one space that His Excellency the President can use to create jobs for the youth of this nation.
Moreover, he urged Ghanaians to assist Adams in his position as substantive minister.
Yeboah additionally supported calls by Minister for Sports activities and Recreation Kofi Iddie Adams for the Ghana Soccer Affiliation (GFA) management to stick to Mahama’s route that no public official ought to journey on first-class flights.
Finance Minister pledges to scrap betting tax
The Minister of Finance throughout his vetting promised to abolish both the betting tax and E-Levy in his first finances if confirmed.
Talking earlier than the Appointments Committee of Parliament on Monday, January 13, Dr. Forson argued that the present betting tax has failed to satisfy its goals and needs to be scrapped.
I insist that the betting tax have to be abolished, and as Finance Minister, I’ll abolish it in my first finances as a result of it has failed.
He defined that the tax had not generated the anticipated income and had solely positioned a heavy burden on the betting sector with out benefiting the broader financial system.
Ghanaians stay desperate to see whether or not the tax will indeed be abolished or Yeboah’s recommendation can be thought of by the federal government.
