Wa Residents Kick Against any Possible Tax Increment in Government’s Midday Year Budget Review

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Some residents in the Wa Municipality of the Upper West Region have kicked against any possible tax increment by government in the 2018 midyear budget review that will be presented later today by the Finance Minister Ken Ofori Atta.
They called on government to focus on job creation since most of the youth in the country are jobless .They proposed government come out with measures to ensure that businesses flourish.
The residents made this known to Progress News on Tuesday Wednesday.
Meanwhile, the Minority in Parliament has cautioned government against increasing taxes in the impending mid-year budget review will be presented by the Finance Minister today.
According to them, government must withdraw its decision because any such increases would put too much burden on Ghanaians who were already struggling in the country.
Mr. Cassiel Ato Forson, Minority Spokesperson on Finance speaking at a News conference dubbed ‘the mid-year economic performance and projections; the Minority’s perspective’ said government would only be punishing the poor with the rises in taxes.
Before this year’s mid-year budget review there are rumors that the government intends to increase Value Added Tax, (VAT), from 17.5 per cent to 21 per cent
However Chief Operation Officer of Dalex Finance, Joe Jackson has tasked Finance Minister, Ken Ofori Atta to take hard decisions in stabilizing the Ghanaian economy.
Speaking ahead of the midyear budget review, Joe Jackson said government ought to take tough and bold decisions regardless of the backlash it may come with.
According to Joe Jackson, government is broke, and they must admit it and work towards stabilizing the economy.
He noted that the challenge with government’s plans to introduce new taxes has to do with the way government communicates its plans.

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