Minority leader, Dr. Cassiel Ato Forson has lamented that Ghana’s economy is bleeding and cost of living is high. He added that recalling parliament to give tax exemption is not important.
According to him,the recall comes barely 95 days to the 2024 presidential and parliamentary elections,and this has indeed been triggered by the NPP majority in Parliament just so, they can expedite and reallocate tax benefits to their small-scale enterprises.
“Mr Speaker let me state without any equivocation that the NDC minority has not changed our position on these tax exemptions. We have always maintained that these tax exemptions are not in the interest of the ordinary Ghanaian”
“The minority’s position is and still remains that these tax exemptions should be converted into tax credits and otherwise linked equity share as stipulated in the tax exemptions Acts”.
Dr. Forson further stated that the minority will not endorse the allocation of three hundred and fifty million dollars to businesses in an opaque and non-transparent fashion.
“Rt. Hon speaker,giving away tax exemptions in excess of three hundred and fifty million is not an urgent issue that should warrant a recall, Ghana’s economy is bleeding and cost of living is high and the Ghanaian can simply not make ends meet” he lamented
