2
Menu
News

Introduce new levies on petroleum - Dr. Domfe to government

Read Article

Comment: WHY MORE LEVIES ON PETROLEUM?

Author:
kwabena ohemeng,london
Date:
2021-03-12 10:16:48
Comment to:
Introduce new levies on petroleum - Dr. Domfe to g

At the end of it all, it is the poor who will bear the full brunt of the levies. The government only collects 17 percent of the revenue it needs . The tax base must be widened,wealth tax on the rich introduced, loopholes making it easy to steal, and misappropriate state monies closed. Populist policies which lead to more government spending must be stopped. New levies on petroleum products are not the only means to raise revenue for the government.

This article is closed for comments.