Tax increase: prepare for extreme conditions – A minority vis-à-vis the Ghanaians

General News of Saturday, July 27, 2019

Source: rainbowradioonline.com

2019-07-27

Cbadiel Ato Forson, Finance Minority Critic, urged Ghanaians to prepare for huge difficulties as the government plans to raise fuel taxes and talk about taxes when revising its budget. mid-year.

The lawmaker said in an article that, with the exception of last-minute changes, the government will announce on Monday increases in fuel taxes (levies on the energy sector) and a length of communication including the data (tax on communication services).

Under the country's Financial Administration Act, the Minister of Finance is expected to appear before Parliament by 31 July to prepare and submit a mid-term review of fiscal policy.

This normally includes the estimates presented in the budget presented by the Minister of Finance for the year in question.

It would appear that some macroeconomic objectives set in 2018 are likely to be revisited in the Minister's presentation to Parliament.

On the budget review, the legislator stated that any action taken by the government to raise taxes would be rejected with force.

"My colleagues and I in Parliament will do everything in our power to oppose these unjust increases and I call on the good people of this country to reject these unjust and draconian increases in taxes."

Read his full article below

Prepare to face untold hardship as the government will likely increase the gas tax and talk about the tax during its mid-year review.

Dear Ghanaians, I am bringing bad news as the government is about to further strengthen its insensitive and incompetent policy during its mid-year review. Unless last minute amendments, the Minister of Finance will announce on Monday increases in fuel taxes (levies on the energy sector) and the duration of calls, including data (tax on communication services).

An increase in the fuel tax will result in higher fuel prices at the pump, including LPG, and will have a cascading effect on transportation prices, the prices of goods and services, the cost of living in general and, possibly, the country's difficulties. .

Ghanaians should not expect measures to ease the country's difficulties, but rather to prepare for untold hardships.

Again, you will have more money to keep talking to your friends and loved ones. As for data charges, they will reach the roof!

My colleagues and I in Parliament will do everything in our power to oppose these unjust increases and I call on the good people of this country to reject these unjust and draconian increases in taxes.