Following the 2022 budget presented by the finance minister, the member of parliament for Twifo Atti-Morkwa constituency Hon. Chief David Vondee has described the portion of the budget that seeks to introduce 1.75% tax on mobile money transactions as a killer intervention.
In an interview with Peace FM’s News reporter Listowel Aboagye Dacosta, Hon. Chief David Vondee disclosed that it would rather increase the financial burden on Ghanaians and in the worse effect, the MoMo tax would defeat the purpose of the tauted cashless economy which is believed to be promoting electronic transactions in the country, he added.
Chief Vondee alarmed that, the E-levy would also discourse Ghanaians in diaspora from using the electronic system to send remittances to their families and love ones in Ghana which will reduce the revenue on remittance.
Finally, Hon. Chief David Vondee underscored that, substituting road tolls for MoMo tax means a massive lose of jobs to the People Living With Disabilities who were the workers of the various toll booths and undue termination of contract between Private toll booths owners who have valid partnership contract with government and this is a recipe for future judgement debt.
Listowel Aboagye Dacosta Peace fm