Government to impose 5% stabilization levy on earnings of businesses

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GOOSH 10 years ago

COMPARE TAXES SYSTEMS IN AUSTRALIA, CANADA, AND SCANDINAVIAN COUNTRIES. BLOCK TAX LOOPHOLES. COMPARE COUNTRIES THAT ARE DOING VERY WELL WITH THEIR TAX SYSTEMS. REDUCE THE PUBLIC SECTOR WAGE BILL WHICH IS HUGE TO ONE THIRD. US ...
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COMPARE TAXES SYSTEMS IN AUSTRALIA, CANADA, AND SCANDINAVIAN COUNTRIES. BLOCK TAX LOOPHOLES. COMPARE COUNTRIES THAT ARE DOING VERY WELL WITH THEIR TAX SYSTEMS. REDUCE THE PUBLIC SECTOR WAGE BILL WHICH IS HUGE TO ONE THIRD. USE ICT FOR DECENTRALIZATION AND CENTRALIZATION OF REVENUE GENERATION. STOP IMPORTING CHICKEN, RICE AND DEVELOP FERTILE AGRICULTURE SECTOR WITH BETTTER IRRIGATION SYSTEM FOR ALL YEAR ROUND PLANTING.
DAN 10 years ago

but most of us have jobs for 40 hours per week..even people in fast food and nurse aide make $7.25 per hour...

but most of us have jobs for 40 hours per week..even people in fast food and nurse aide make $7.25 per hour...
Sinew 10 years ago

This tax is long overdue. In some industrialized countries the highest tax bracket on profits of businesses is 35%. 5% is a modest rate. But will the Ghanaian parliament act? I doubt! We have bunch of morons in parliament. T ...
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This tax is long overdue. In some industrialized countries the highest tax bracket on profits of businesses is 35%. 5% is a modest rate. But will the Ghanaian parliament act? I doubt! We have bunch of morons in parliament. The situation is not going to change anytime soon.
ADWEN 10 years ago

Mahama looks confused in everything he is doing.
The issue of revenue geeneration locally is not due to unwillingness of the people to pay but more to do with ineffective and inefficient collection mechanisms. The absence of ...
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Mahama looks confused in everything he is doing.
The issue of revenue geeneration locally is not due to unwillingness of the people to pay but more to do with ineffective and inefficient collection mechanisms. The absence of these mechanism result in less taxes being collected.
Alos, when the taxes are collected from those who pay Mahama an his team of fraudsters misuse the money for their benefits - buying land, companies, filling stations, etc at the expense of the citzenry.
The wantom misuse of public funds for private gains is what demotivates right thinking citizens from paying taxes.
arthuri@ymail.com 10 years ago

the way to prosperity is not how much extra tax we collect from the few but how well we make sure that all those who are supposed to pay taxes pay even after several years of evasion and how well we use the little we collect ...
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the way to prosperity is not how much extra tax we collect from the few but how well we make sure that all those who are supposed to pay taxes pay even after several years of evasion and how well we use the little we collect. we have to learn from the rich countries. this knowledge abound for everyone to see.
DAN 10 years ago

Thats why you have to be a drug dealer or whore not to pay tax here..You pay your bills in ghana and keep none or very small amount in bank to look like you have fast food job

Thats why you have to be a drug dealer or whore not to pay tax here..You pay your bills in ghana and keep none or very small amount in bank to look like you have fast food job
Kofi 10 years ago

What is the tax supposed to stabilize? The sources of funds for politicians to steal from?

What is the tax supposed to stabilize? The sources of funds for politicians to steal from?
Nana 10 years ago

I cant believe the economic leaders we have, if tax is a percentage of of profits, then it is assumed that the more profits businesses make, the more money Government gets. Ghana is seen as one of the fast growing countries i ...
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I cant believe the economic leaders we have, if tax is a percentage of of profits, then it is assumed that the more profits businesses make, the more money Government gets. Ghana is seen as one of the fast growing countries in Africa which means business and standard of living is improving, however, the government is the only one not affected by this growth and has to resort to further extortion to be sustainable. Who is this tax geared towards, the minister's sustainability or the countries sustainability? This tax system has proven to be worth less and should be totally removed if it is not effective at making Ghana a better place.
T.K 10 years ago

5 percent more tax is not the answer. Block all the loopholes and the wastages in the system.5 percent for what? To pay more dubious judgement debts, or to expand the non existing guinea fowl project. Use what you collect wis ...
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5 percent more tax is not the answer. Block all the loopholes and the wastages in the system.5 percent for what? To pay more dubious judgement debts, or to expand the non existing guinea fowl project. Use what you collect wisely!

Government to impose 5% stabilization levy on earnings of businesses

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