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NewsNPP aims to reduce financial challenges faced by Ghanaian youth - Ahiagbah

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NPP aims to reduce financial challenges faced by Ghanaian youth – Ahiagbah

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The National Communication Director of the New Patriotic Party (NPP), Richard Ahiagbah, has responded to a young Ghanaian’s frustrations over high taxation and economic challenges by addressing key issues related to the country’s tax policies.

The young citizen pointed out the hardships caused by current financial pressures, citing an example where a young man had to pay GHC 450,000 in taxes to import a luxury car, amidst a high-dollar environment.

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“We can’t even breathe, can’t drive, can’t build. WHY?” the young man questioned, urging the government to ease the tax burden on the youth.

Ahiagbah acknowledged these concerns and reiterated the NPP’s commitment to tackling the tax issue in the short term. He emphasized that excessive taxation is counterproductive, as it fosters tax evasion and impedes economic growth.

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“We do not support over-taxation because it has been proven to encourage tax evasion, among others.

“Additionally, minimum taxation is a fundamental value of our tradition because it promotes production, leading to increased economic activities and greater tax revenue for the government,” he added.

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He further underscored that minimal taxation is a core value of their tradition, as it stimulates production, leading to increased economic activities and higher tax revenue for the government.

Reflecting on the NPP’s proposal in 2016, Ahiagbah highlighted the party’s strategic shift from focusing solely on taxation to promoting production as crucial for fostering a robust economy.

He called on citizens to support Dr. Mahamudu Bawumia and his goal to simplify the complex tax system, implementing a flat rate and eliminating crisis-induced taxes such as the e-levy, betting tax, and emissions tax.

Additionally, Dr. Bawumia aims to reduce import duties to enhance the competitiveness of Ghana’s ports.

“This is the way forward,” Ahiagbah declared. “Bawumia will strive to lead us in that direction, and your vote will help achieve this vision.”

Mr Ahiagbah assured that the NPP is focused on alleviating economic burdens on the youth and fostering a conducive environment for growth and development.

He reiterated that minimal taxation promotes production and economic activity, benefiting both the government and the people.

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