HomeNewsAbolish Ex-Gratia To Save Money For Development And Forget About The E-Levy...

Abolish Ex-Gratia To Save Money For Development And Forget About The E-Levy – Economic Fighters League

The Economic Fighters League (EFL) have also added their voice to the war of words currently going on in the country over the reading of the 2022 National budget by the finance minister, Ken Ofori-Atta, on the floor of parliament.

The finance minister in reading the 2022 budget intimated that, ““It is becoming clear there exists enormous potential to increase tax revenues by bringing into the tax bracket, transactions that could be best defined as being undertaken in the ‘informal economy’,” the Finance Minister said.

“After considerable deliberations, the government has decided to place a levy on all electronic transactions to widen the tax net and rope in the informal sector. This shall be known as the Electronic Transaction Levy or E-Levy,” he added.

But the Economic Fighters League like many Ghanaians are not in support of the introduction of the new tax introduced on electronic money transactions which the Government has said is the only way to bridge the infrastructural development gap in the country. The EFL has however come up with a way to raise funds to continue with infrastructural development without having to burden an already burdened Ghanaian.

It is the believe of the movement that abolishing the outrageous sums paid to members of parliament as ex-gratia and also amending the ‘excessive’ amounts paid to article 71 office holders could be an avenue to increase Government revenue.

“One of the biggest crimes perpetrated on the people by the 1992 Sakawa Constitution is the issue of excessive and discriminatory pay structure in favour of the so-called article 71 office holders.

“Clearly, as the figures have shown, Article 71 officers are a huge drain on the public purse. It is a curse imposed on us by the 1992 Sakawa Constitution.”

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