Former president of Ghana John Dramani Mahama has stated that the next government of the National Democratic Congress (NDC) in 2025 will repeal the E-Levy Act
The 2020 presidential candidate of the NDC described the Electronic Transfer Levy Act, 2022 (Act 1075) as distortionary and burdensome
He said this when he was addressing Ghanaians on the theme Ghana At A Crossroads on Monday, May 2
According to him, the E-levy is only a distortionary and burdensome tax that only forces Ghanaians to pay more while suffering.
Addressing the nation on the theme ‘Ghana At A Crossroads’, on Monday, Mr. Mahama said, “unfortunately in the face of this self-inflicted economic catastrophe, this government against all sound advise has decided to introduce the E-Levy that heaps more suffering on Ghanaians.”
“A new national democratic congress government, God willing, with the votes of the sovereign people of Ghana, in 2025 will repeal the E-Levy act,” he added.
The former President explained that even though the NDC is not against taxation, neither will they coin “fanciful” praises to condemn it, E-Levy is regressive and only seeks to overtax the people of Ghana.
Mr. Mhama said people will now be forced to use more cash than electronic transactions as part of their daily operations.
The former President added that it is even more saddening that the levy was implemented on May Day, when workers were supposed to be celebrated.
The tax, according to the government, is part of its efforts to generate revenue for development. The tax is expected to rake in close to GH¢6 billion in tax revenue for the country.