We need to for all time restrict govt from imposing more taxes – Ofosu-Dorte
A private perfect practitioner, David Ofosu-Dorte, is advocating legislation that can perchance perhaps restrict taxes imposed on citizens by the authorities.
Turning in a public lecture titled “The 1992 Constitution: A Basic Regulations for our prosperity or a properly-crafted facts for our financial doom” Mr Ofosu-Dorte talked about Ghana’s taxation system piles more power on already overburdened tax payers that can stifle private companies.
He talked about limiting the authorities from introducing more taxes would also stop the authorities from recklessly spending and restrict its appetite for borrowing.
“There must be an upper restrict the set the authorities can no longer tax more…otherwise they’re going to continue to bear better their expenditure and they’re going to hump on the expenditure. Also, we need to restrict the authorities’s skill to borrow,” Mr Ofosu-Dorte who is also the Executive Chairman at AB & David Regulations talked about.
He also urged that voter ID cards of citizens must be converted into monetary institution accounts to help lower the unbanked inhabitants within the country.
He talked about if truth be told one of the important perfect ways to bear better the tax win is to remodel voter IDs and Mobile Money accounts of of us with out monetary institution accounts into monetary institution accounts to clear up the distress.
“If we need to bear better the banking inhabitants…we could perhaps perhaps convert voters IDs into monetary institution accounts with zero accounts. It could perhaps perhaps also be achieved because of that is what Mauritius does. In its set of doing that, we now salvage achieved things which had been detrimental to us,” Ofosu-Dorte talked about at the College of Expert Reviews Regulations College in Accra (UPSA).
Mr Ofosu-Dorte added “we could perhaps perhaps also level-headed no longer salvage old college the E-levy as one diagram to tax Momo. We need to for all time salvage old college momo as a foundation for opening monetary institution accounts for all people to salvage a monetary institution fable to bear it straightforward for GRA to trace how worthy you set up and advance after you.”
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