Commander-in-Chief of pressure group Financial Fighters League (EFL) Ernesto Yeboah has disagreed along with Prof Raymond Atuguba’s watch that the controversial electronic dealings levy (E-Levy) is a requirement that will save Ghana’s dangerous economy from total failure. Prof Atuguba who is the particular Dean of the Faculty Regulation at the University of Ghana had argued in a Spiel organized by think container Solidaire Ghana, that the digital transactions levy (E-Levy) was obviously a wicked tax but essential to saving Ghana’s suffering economy from collapse. This individual explained that the E-Levy that can be met with tough opposition from the public could be recognized if Government came thoroughly clean on the need for it plus demonstrated good faith. However in a rebuttal posted upon social media, Mr Yeboah, that has been relentless in his resistance to the E-Levy, insisted that will rather than the levy, several options exist. He disagreed which the E-Levy was key in order to saving the economy, including that Prof Atuguba might have ignored the alternatives which have been given to the E-Levy. “… I disagree completely with all the comment that Ghanaians do not have choice but to pass E-levy to prevent the economy through collapse. It is either he’s not been listening to the different alternatives proffered or, such as the rotten establishment and its beneficiaries, he has chosen to ignore all of them. It is not a matter of ‘either E-Levy or IMF’, as the organization would have us believe, ” he said. Mr Yeboah then went on to checklist alternatives to the controversial digital transactions levy which looks for to tax electronic exchanges of money exceeding a hundred Cedis a day at 1 . 5%. Among others, Mr Yeboah desires a reduction of the emoluments of Article 71 employees such as Members of Parliament, the Executive and others; the particular abolition of ExGratia obligations; the abolition of taxes exemptions among others. Read the complete post below: While We agree completely with Prof. Raymond Akongburo Atuguba that the case for a coup within Ghana exists, I argue completely with the comment that will Ghanaians have no choice yet to pass E-levy to prevent the particular economy from collapsing. It really is either he has not already been listening to the various alternatives proffered or, like the rotten business and its beneficiaries, he has decided to ignore them. It is not a few ‘either E-Levy or IMF’, as the establishment would have all of us believe. On numerous events since the budget reading Practitioners has listed the following because just a few alternative sources of income to meet Ghana’s budgetary needs: Reduction of pay for Post 71 office holders; Suppression of ex gratia; Trimming of frivolous government costs such as purchase of Automobiles, medical services outside Ghana of elite Government managers, hiring of private plane for presidency; 4. Cessation of the concessions for wealthy foreign companies, particularly within the oil and mineral assets sector. For instance The cross system in our upstream coal and oil production rolls over 70% of production revenue in order to private corporations with history of tax evasion; Re-establishing power over our own resources – Ghana must not earn not less than 50 percent of production revenue in a sector of our economy; Improved production and industry; The restructuring of the economy in order to benefit the majority and not just the particular few; Ending of corruption/stealing by empowering the liability institutions such as Audit Company, the Judiciary, Police support etc . to work transparently plus effectively. Why is it the fact that establishment and the aspiring center class who dwell on the fringes are working so hard to provide E-Levy as the only choice? Why the flagrant overlook for public opinion? General public sector workers haven’t already been paid, VAT has observed an astronomical increase to 18% – yet the condition wants to dip their fingers into our empty storage compartments. They prefer for the economic climate to live while the People pass away – to be so criminally out of touch with actuality as the people who are supposed to signify our interests is exactly why is Ghana ‘ripe’ for a hen house. Source: MyNewsGh. com/2022Send your own news stories to [email protected] and through WhatsApp on +233 202452509Related Topics: Feature