We won’t approve all new taxes until all tax exemptions are scrapped— Minority threatens Govt

The minority caucus in parliament have laid down their stance with respect to all tax exemptions provided to some 47 factories.

According to the minority group in parliament, the government is securing an estimated $449 million worth of tax exemptions to factories under the government policy, One District, One Factory initiative.

Further, the minority leader, Hon Cassiel Ato Forson has revealed governments intentions before the finance committee to seek for GH¢5.5 billion tax exemptions to forty-seven companies.

“This government has presented a number of memoranda through parliament to the finance committee, of which 47 companies under One District One Factory, one is given tax exemptions worth $449 million equivalent to GH€5.5 billion cedis,” Hon Ato Forson said.

The minority claims that the government is taxing ordinary Ghanaians in order to offset their friends and family from the pool of poverty therefore, they won’t aid government in approving tax exemptions given to the 47 factories.

“Our position is we will never have a conversation on these new taxes until they withdraw all of these tax exemptions because it’s like robbing peter to paul. They’re asking you to pay these taxes and giving it to cronies of this administration,” Mr Ato Forson alleged.