[ 2016-08-28 ]

NPP’s promise to reduce taxes deception – Ato Forson
The Central Regional Campaign Coordinator of the
incumbent National Democratic Congress (NDC),
Cassiel Ato Forson, has shot down the opposition
New Patriotic Party’s (NPP) promise to reduce
taxes if elected into office.

According to him, it will be unwise for any
government to implement such a measure, which he
argues will be inimical to the growth of the
economy.

The New Patriotic Party has chastised government
for increasing taxes to the point of burdening
businesses and has pledged to reduce and in some
cases scrap some taxes should the NPP be voted
into office on December 7.

But addressing party supporters of the NDC at a
ceremony to outdoor the NDC’s Central Regional
Campaign Task-force at Agona Swedru in the Central
Region, the Deputy Finance Minister said the
current tax policy if reversed will negatively
affect the economy.

The Ajumako Enyan-Essiam MP said no party in Ghana
can reduce corporate tax by 50 percent as promised
by the opposition NPP.

“I have heard somebody saying he would reduce
taxes by fifty percent when he wins power. I want
to ask that person that corporate tax in Ghana is
twenty-five percent; so it means reducing it by
fifty percent would take us to twelve and half
percent, he should show me one African country
who’s corporate tax is twelve and half percent
and also point out to me one lower middle income
country who’s corporate tax is twenty-five
percent. It’s true that talk is cheap and the
truth is one” he noted.

He added that president John Dramani Mahama’s
administration has revamped all defunct factories,
invested in agriculture and built a resilient
economy for industries to increase production and
also employ more youth in 2017.

“You and I know that president Mahama’s
administration in a short time has revamped all
the defunct factories including the Komenda Sugar
factory and the Kumasi shoe factory. Who said we
are not doing well in the agriculture industry? We
have been able give out free fertilizers, free
seedlings and expanded the fishing industry by
helping the fishermen to acquire outboard motors.
We have managed the economy well on a strong
foundation which would employ more youth in 2017.
The inflation is going down for industries to
produce more.”

Also speaking at the ceremony to launch the
campaign, the Vice President, Kwesi
Amissah-Arthur, charged supporters of the NDC, to
start a door to door campaign in order to retain
President John Dramani Mahama in power and also
increase their parliamentary seats in the central
region.

He said the NDC government has done enough for the
people of the central region and he is optimistic
the region would also reward the party in the
upcoming polls.

“We have a party that is not divided and we are
ready to retain power so vote for President Mahama
and our twenty-three parliamentary candidates who
are ready to work for you. And let me also add
that, President Mahama is winning this election
one touch. I know you are also working to achieve
the agenda twenty seats.” he stated.

Source - citifmonline.com

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