I’m happy whenever deductions are made on my MOMO transactions- Cwesi Oteng supports e-levy

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Ghanaian Gospel singer, Cwesi Oteng has shared his opinion on the proposed 1.75% tax on electronic transactions.

In November 2019, Minister of Finance, Ken Ofori-Atta announced that the government intends to introduce an electronic transaction levy (e-levy) in the 2022 budget. He said this was to “widen the tax net and rope in the informal sector.”

The proposed levy, suggested to take effect on 1 February 2022, has been widely opposed by Ghanaians as law makers continue to battle it out in parliament.

Cwesi Oteng, who is a staunch member of the ruling New Patriotic Party (N.P.P) in a recent interview with ZionFelix shared his opinion on the matter.

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According to him, development is expensive, hence taxing the people is relevant to promoting development.

“A lot of people have issues with it but I think that development is expensive. I was in Dubai and I spent $300 just by entering and coming out of a shop.

“Sometimes when I talk people think I’m talking for the government but I speak as a citizen. I think it’s an avenue for revenue that the government can have. People don’t like taxes in our country,” he stated.

He continued; “I think we should embrace it…whenever I pay MOMO and they deduct from my account it makes me happy because I feel like I’m contributing something to the country.

Watch video below;

 

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A post shared by Zionfelix.com (@zionfelixdotcom)

 

 

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